The Dollar Index is currently facing a significant, but discreet hurdle at 98.39. A break above 98.66 would indicate further headway towards the bearish entrenchment, defined by 99.49/99.91 range.
Predictive Analysis and Forecasting Model offers a limited upside potential given this first hurdle condition met, with a nominal/qualitative target defined as:
TG-Hi = 10.08 - 08 APR 2015
If a geometry develops, we will add this to the current string of Forex charts in which we revealed interesting and successful Hit Target education trades: tradingview.com/v/W4GwjLu0
As posted before, the long-term outlook remain bullish for USD. However, this does not exclude the possibility of a bearish interim.
Stay tuned,
Predictive Analysis & Forecasting Denver, Colorado - USA