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USD Index Price Movement analysis For Feb 03, 2020

analytics5e3777ca29220.jpg

Source: investing.com

The 10 Year US Treasury is unlikely to reach the weekly sell side liquidity pool at 1.429 level. If Treasury Yields will increase, the US dollar Index usually declines.

analytics5e37785b1a5e3.jpg

Source: Instatrader 4

In the first week of February, the US dollar is likely to dip. It may also trade sideways during this month. This week, the 4 hour chart order block advanced to 97.26 and the 4 hour chart sell side liquidity pool came in at 97.09. For more details, you can download the report from here.

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The material has been provided by InstaForex Company - www.instaforex.com