Technical analysis of #USDX for Aug 20, 2018

If we look at the daily chart, the USD Index has already escaped from its trading range. Now, the #USDX will try to retest the RBS (Resistance Become Support) Zone at 93.19-95.68 before the price goes up again to test the 97.87 level as a prime target. As long as the #USDX does not breakout and closes below the 93.19 level, the USD Index is set to trade with the bullish bias. (Disclaimer)The material has been provided by InstaForex Company - www.instaforex.com