This daily configuration on the US dollar
shows support from the blue pivot
line and support from the back of the trendline
with a shallow retracement. US Dollar
appears to be at the bottom of consolidation on the 2-hour chart. I will be trading up to the 12040 resistance until selling during this week (April 11-15). So, I will be looking for a bullish candlestick
formation and stochastics in the buy zone for further pushes to the upside. I will trade the crosses accordingly. I am looking for the USDJPY
SUPPORT AT 105 AND THE USDCAD
AFTER THE OPEC MEETING. Otherwise, I will be on the baskets. Thanks and have a fantastic week!!