November 7, 2010

US DOLLAR Technical analysis

USD HNS BREAKDOWN
  • US Dollar violated the trend line drawn in its weekly chart. But USD managed to get back above the trend line.
  • The head and shoulders breakdown is targeting around 73.
  • If the weekly support line does not hold we may see 73. 
  • USD has good support around 73 - 74 area.
  • DOW JONES EOD UPDATE

1 comment:

  1. Hey!

    Couldn't find anywhere to contact you here so I'm just posting my message here as a comment.

    I just read you last couple of posts USD technical analysis and I was wondering if you were interested in doing a guest post on our blog (http://optionalpha.com/blog) sometime? Of course if would have to be options, technical analysis, or stock trading related but you would get a back-link to your site.

    Please let me know if your interested and we both can work out a schedule for this coming week.

    Hopefully you are! Take care and happy trading!


    Kirk

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