Dollar Likely to Have Completed Corrective Bounce

The S&P500 and Nasdaq100 indices staged a solid intraday rebound yesterday, digesting the initial drop and closing the day higher. Along with the rebound in equities, a reversal to the downside is forming in the Dollar Index. Technically, the dollar’s rebound in February has cleared the oversold conditions accumulated during the decline since late September […]

The post Dollar Likely to Have Completed Corrective Bounce appeared first on Action Forex.