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USD Index IPDA 60 Day Ranges Price Movement For April 21, 2020

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The USDX is now in a Premium Array Area. It is trying to go to the Discount Array Area from the Interbank Price Delivery Algorithm (IPDA) 60 Day Ranges. However, now #USDX is likely to test the nearest Liquidity Pool (Clean High) at 100.30 before it declines again to the 98.97-98.82 levels. As long as the #USDX does not retrace 100.93, the bias for #USDX is bearish.

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