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NemVes13

USDX is overestimated

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US Dollar Index Cash (EIGHTCAP:USDX)  
NemVes13  
EIGHTCAP:USDX   US Dollar Index Cash
Trend Analysis Chart Patterns Technical Indicators USD usdx usdxshort currencybasket
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trendanalysis chartpattern indicator usd usdx usdxshort currencybasket
Hi traders,

Today I analyzed USD index that can reflect on currency basket and prices of commodities.
Level of index is currently overestimated and is above 95.00 lvl so I expect sharp drop to 94.70 lvl as a 1st target and maybe test 94.50lvl as a 2nd target.
That will reflect on strengthen currency basket against USD.

Feel free to comment your opinion!
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