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U.S. House prices increase slightly in July

Malaysian headline inflation falls further in October, likely to remain negative in 2020

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Daily technical outlook for USD/ILS: Societe Generale

Tuesday, February 24, 2015 10:43 AM UTC

Quotes from Societe Generale Cross Asset Research:

-USD/ILS has given a break above a descending trend line resistance and is currently probing the 50 day MA at 3.92. Daily RSI is breaking above resistance and the up move is likely to continue.

-A break above 3.92 will lead the pair higher towards 3.97 and probably even towards the multiyear descending trend line resistance at 4.02/4.04.

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Daily technical outlook for USD/ILS: Societe Generale

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