January 13, 2011

US Dollar Technical analysis

  • US Dollar daily chart is trading near its 50 day moving average.
  • If price closes below its 50 day moving average dollar may drop to 79.025
  • If USD gets support here we may see an up move.
  • Hour chart is looking weak with price trading below its 50 hour moving average
  • USDJPY DIAMOND PATTERN

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