The U.S. Dollar Index has rallied 9% from yearly lows. There is a lot of news driving this market, including prospects of another fed funds rate hike in September, which would be the eighth increase since December 2015. I prefer not to get caught-up in opinions, but rather focus on key technical levels to make my trading decisions.
Let’s look at the current set-up. Good day and Trade Well My Friends!
September 18 U.S. Dollar Index Futures - Daily
Chart provided by QST
My many years of trading futures markets does make a difference. Feel free to call 312.242.7990 or email me at email@example.com if you have any questions or would like to open an account with me go to Open An Account. It is fast, saves on postage and it’s green.
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