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USDX Remains Range-Bound

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Published: 06 May 2020 › Updated: 06 May 2020USDX Remains Range-Bound

USDX Remains Range-Bound

Direct from the desk of Dane Williams.


Remember the USDX range we've been following?

Since that last blog, we've seen price bounce off both the top and bottom zones of the range to remain firmly locked within it.

USDX Daily:

Price now sits smack bang in the middle of it.

EUR/USD keeps testing suppot and is surely going to break lower soon.

Keep watching the USDX for a possible clue preceding a breakout on the Euro.

Best of probabilities to you,

Dane.


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