USDOLLAR Index Tests EMA Supporting Rally Since July 2014
- Daily 34-EMA in USDOLLAR Index has supported rally since July.
- See the March forex seasonality report for trends in the QE-era.
See the above video for technical considerations in the USDOLLAR Index, as well as a breakdown of the February US Consumer Price Index report that is spurring volatility across the USD-spectrum.
--- Written by Christopher Vecchio, Currency Strategist
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.