The dollar pushed the dollar index to break through the resistance level or for

The following is the global foreign exchange broker FXTM Fu Tuo research analyst Lukman Otunuga comments Abstract:

Federal Reserve Chairman Yellen published hawkish remarks boosted the possibility of another rate hike in the United States in 2017, the dollar strengthened across the board. From a technical point of view, the daily chart on the dollar index rebound, long to push the index in one fell swoop break 93.00 resistance. If the index continues to rise above 93.50, it will open its channel for 94.00.

** euro dollar **

The euro continued to decline against the dollar, as the euro short to seize the opportunity of political uncertainty, while the dollar picked up. In the United States is expected to rise in interest rates, the emergence of political uncertainty in Europe, the situation can be short in the fourth quarter comeback? At the time of the author's writing, the euro / dollar fluctuated below $ 1.1750 and the downside target at $ 1.1680.

From a technical point of view, when the euro / dollar fell below and closed at $ 1.18320 below, the exchange rate on the daily chart on the upward trend has expired. If the euro / dollar has remained below $ 1.1680, it may fall to $ 1.1500.