Forex: US Dollar Index in session lows, around 79.55/60

FXstreet.com (Barcelona) - The US Dollar Index, which tracks the greenback against its major competitors is losing ground across the board for the second consecutive day after reverting a positive start.

Buying pressure in risk-associated assets continued to add pressure on the safe havens on Friday, accelerated after the US posted a wider trade deficit during November at $48.73 billion, higher than the $41.30 billion forecasted and October’s $42.06 billion.

At the moment, the index is down 0.31% at 79.57
According to tradingcentral.com, the next support levels line up at 79.45 and 79.30; while resistance levels lie at 80.10, 80.30 and 80.45

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