[#USDX]

With all technical conditions supporting its weakness, then #USDX has the potential today to weaken toward its nearest support level.

Key Levels

1. Resistance. 2 : 98.11

2. Resistance. 1 : 97.87

3. Pivot : 97.73

4. Support. 1 : 97.49

5. Support. 2 : 97.35

Tactical Scenario

Pressure Zone: If the price breaks down below 97.49, there is potential for continued pressure toward 97.35.

Momentum Extension Bias: If 97.35 is broken, there is potential for the weakening to extend to 97.11.

Invalidation Level / Bias Revision

The downside bias is restrained if the price breaks out above 98.11.

Technical Summary

Ringkasan Teknikal

EMA(50) : 97.72

EMA(200): 97.68

RSI(14) : 26.72

Economic News Release Agenda:

Tonight the United States will release the following economic data:

US - Unemployment Claims - 20:30 WIB

US - Natural Gas Storage - 22:30 WIB