USDX Weekly Technical Analysis – Saturday, November 25

Photo by Nicholas Cappello on UnsplashUSDX is still losing value where the price reached the demand zone around 103.31 and then retracted back to 104.20 supply zone. From there the price was pushed back down
and currently is heading again to the 103.31 demand zone.
USDX has lost bullish strength from the 107.12 price level and since then it is dropping down.
The demand zone 102.85 is likely to be reached in the following week.

The lower price level is also reachable, but before that happens it is good to wait until the price makes a breakout below 102.85.
Weekly and monthly level shows that the price will likely move down and 102.18 is the first level where we can expect price to stop.Video Length:00:05:12 More By This Author:GBPUSD Analysis & Week Ahead Forecast – Saturday, Nov. 18
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