January 24, 2012

US Dollar Support at 50 SMA

  • 50 Day SMA and Horizontal support level has held for now.
  • Price has to do a higher close for this bounce to sustain.


By at

2 comments:

  1. KMJanuary 24, 2012 at 7:48 PM

    @San, It would be nice if you mention value of 50DSma for us also what do you mean by "Price has to do a higher close for this bounce to sustain"

    ReplyDelete
  2. SanJanuary 24, 2012 at 7:51 PM

    @Tigar
    I meant a green candle at this support level may give a short term reversal for USD

    ReplyDelete

Subscribe to: Post Comments (Atom)