Русский
U.S. Dollar Index pulls back as traders focus on the disappointing Michigan Consumer Sentiment report. The report indicated that Consumer Sentiment decreased from 64.7 in February to 57.0 in March, compared to analyst forecast of 57.9.
In case U.S. Dollar Index settles below the 50 MA at 104.04, it will move towards the next support level, which is located in the 103.20 – 103.40 range.
USD/CAD faced resistance at 1.4330 – 1.4350 and pulled back below the 1.4300 level.
If USD/CAD stays below 1.4300, it will head towards the nearest support level, which is located in the 1.4180 – 1.4200 range.
USD/CAD 310325 4h Chart
