USD 0.00% 1.0000 united states dollar

taking a symbol for a test spin

  1. 2,810 Posts.
    Hi all

    Rawk once posted the breakdown of the USDindex
    and I was surprised by the weighting of the eurusd.
    Over 50% by my memory!

    So a couple of charts looking at the biggest traded pair.

    On the daily, current support seems valid
    and resistance trend line is coming up for a test.

    Photobucketing in to the 2 hour my trend lines from the daily
    are no longer exactly in place, so I redrew the resistance
    knowing it's not quite the angle but an early warning.

    Failure at the resistance could mean a test of support.

    regards paul


    Photobucket
 
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