February 4, 2011

US DOLLAR Chart analysis

  • US Dollar is trying pierce the cloud in four hour time frame.
  • Breaking and closing above the cloud may give a rally for USD.
  • Trend line in four hour chart has been resisting price movement for quite some time now.
  • If price breakout above this line dollar will give an up move.
  • Getting resisted on this line will be negative for US Dollar.
  • CISCO TRYING TO CLOSE THE GAP

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