December 28, 2011

U.S Dollar with Ichimoku cloud

  • First chart is U.S Dollar Month time frame shown with ichimoku cloud.
  • Price is unable to move above the cloud. Month closing below the cloud will be negative.
  • Daily chart is shown with a trend line. Holding this trend line U.S Dollar may give another up move. U.S Dollar has negative Divergence as shown in the Previous Post of U.S Dollar. Breaking below the trend line will extend correction.

No comments:

Post a Comment