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traderWgun
Jun 1, 2013 12:27 PM

observation - USD heading towards heavy resistance  

US DOLLAR CURRENCY INDEXINDEX

Description

I think we will see some strength towards 86-87.
Comments
traderWgun
Bullish RSI is starting to show on daily
traderWgun
some updated chart here.

possible ending diaogal could see new low before higher.
traderWgun
most overplayed pattern ever, but possible inverted H&S
traderWgun
still good chance of pullback. RSI is still on a divergence
traderWgun
also daily MACD turned bullish
traderWgun


I think we have completed 5 waves up and now I'm looking for a-b-c correction to re-enter longs
traderWgun

bearish rsi, looking for a correction here.

some usd pairs giving signs for usd correction


hammer gbpusd



shooting star usdchf


hammer audusd
traderWgun
and if 80 breaks, look for 79.50 where we have 1.618fib and 200sma. Alot of support down here
traderWgun
If we break 80.50, look for 80 to act as support.
traderWgun


at trend line res now, with RSI divergence.
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