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OmiFX8

USD/ISK: Signs of buyer exhaustion

U.S. DOLLAR / ICELANDIC KRONA (FX_IDC:USDISK)  
OmiFX8  
FX_IDC:USDISK   U.S. DOLLAR / ICELANDIC KRONA
Trend Analysis Chart Patterns Technical Indicators USDISK iceland
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trendanalysis chartpattern indicator usdisk iceland
Iceland Krona's exchange rate (ISK) as represented by USD/ISK’S higher highs is accompanied by lower highs on thee 14-day RSI. Stochastic too is about to produce a bear cross in the overbought territory.

Put simply, rally looks overstretched and due for a pullback…
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