Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Please try again

Live Webinar Events


Economic Calendar Events


Notify me about

Live Webinar Events
Economic Calendar Events






More View More
USDOLLAR 2009 Highs Around The Bend

USDOLLAR 2009 Highs Around The Bend

Talking Points:

  • USDOLLAR looks poised for another leg higher
  • Well supported by trend-line since October
  • 2009 high of 11,800 looks likely

The USDOLLAR index continues to maintain a bullish posture by making higher lows, and now working its way towards a potential apex of an ascending triangle. Trend support since the last USD correction in October continues to underpin long positions. A breakout above 11,715 is likely to lead the index up to the 2009 high of 11,800. A break of 11,645 will undermine the short-term bullish bias.

USDOLLAR 4-hr: Oct ’14 – Present

--- Written by Paul Robinson, DailyFX Research

To contact Paul, you can email him at

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.