Dollar Index evolution-10:45 (CET)

19 November 2009 @ 07:38 am EDT

The Dollar Index is climbing given the rise in risk appetite. The DXY is now trading at 75.47 points. If it goes down, the fibo 23.6% marked between 75.53 and 74.90 could act as a support, while on the upside, the next resistance is at 75.53 points. If the macro data beat expectations, the DXY could revert part of the gains so far.

Copyright 2009, Advanced Currency Markets SA, Forex Broker, All Rights Reserved

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