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7pasos
Jul 29, 2013 7:47 AM

Dollar going no-where 

Australian Dollar/U.S. DollarFXCM

Description

As you can see the Dollar index had been in a box price since 21:00 of last 25th July and the same price box is shown in EURUSD, GBPUSD AUDUSD, therefore until the dollar break out this price box with a decisive candle the best choice you have is to trade (if you find an opportunity) the range created by the price boxes in this 3 major pairs.
Comments
titi
Expect a rise in us home sales > forecast today at 1600 CET, catalyst for the rise at last which should be confirmed by other usd events this week
Ani
I think it is making this pattern youtube.com/watch?v=54rj3MmAo6w
7pasos
Yes Im expecting a upside reversal to confirm in the AUDUSD Ani, good luck!
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