USDOLLAR

١٠ أبريل ٢٠١٦

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!!