The US dollar index has followed the calculations of last week’s strategy. After confirming the downtrend, the price chart experienced a significant decline, touching the level of 102.3.
Following a series of consecutive declining sessions, the price chart has stabilized, and the trend for this week is expected to be sideways with a slight recovery in the range of 102.3 – 103.1. This will impact the gold price and oil price.
With a sideways trend, we will prioritize short-term states with appropriate volume to minimize risks and optimize profits. And don’t forget to stay tuned for the next update with the detailed trend of the US dollar index.
Wishing investors wise and successful investment deals!
By. Pham Thanh Bien
