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Forex: US Dollar Index finds support at 82.00

The greenback, tracked by the US Dollar Index, is trading in red on Tuesday, dragged by the increasing preference for riskier assets that dominated the markets throughout the session.

The greenback suffered the advance of the high beta currencies after the RBA left intact its refi rate during the Asian session. Then it was the turn of the euro area, where the services PMI prints surprised investors exceeding expectations and thus intensifying the USD downside. The upbeat data from the US ISM Non-manufacturing gave the greenback a boost to the 82.30 region, although the upmove run out of steam soon after.

At the moment, the index is losing 0.17% at 82.11 and according to tradingcentral.com the next support levels line up at 81.90, 81.75 and 81.60; while resistance levels lie at 82.30, 82.50 and 82.60

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