The USD downtrend has resumed with horizontal resistance getting respect from traders - see grey line.
MACD users will like the Touch n Run signals for trend continuation - see orange for upside and purple for down.
USD traders are now eyeing 89.4 after the Cohn news.
NB: that MACD touch n run signal works elsewhere as well. It's on the Russell Small Cap Index ($RUT) on StockCharts. There's another bullish one on the ASX XGD gold index. And many more.
Short Term Trading Week Starting: 5 Mar, page-134
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Last
8,112.8 |
Change
38.500(0.48%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,074.3 | 8,115.1 | 8,074.3 |
| XAO (ASX) Chart |