DOLLAR INDEX TO GAIN MOMENTUM

DOLLAR INDEX:

 

THE INDEX SUCCESSFULLY CROSSED THE WEEKLY RESISTANCE AROUND 81.7 AND KISSED THE GOLDEN RATIO AT 82.5..... LOOKING AT THE CHART WE BELIEVE THAT USD MAY GAIN STRENGTH AGAINST THE BASKET OF CURRENCIES IN COMING DAYS..... TWO OR MORE WEEKLY CLOSES ABOVE 82.5 CAN LEAD THE INDEX TO KISS 85 TO 85.5 LEVELS IN SHORT TERM......