US dollar Index bounces back at 95.417; gold pulled back to 1406.00
|US dollar Index bounces back at 95.417; gold pulled back to 1406.00
The US dollar finally made a comeback after bouncing at around 95.417 support as per my previous estimate. The US dollar is currently trading just above 95.715 a crucial price point which could determine its next move. The US dollar needs to hold above 95.715 to continue its recovery to the next level at around 95.966. The US dollar could head back down to 95.574 if it fails to stay above 95.715
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