Usd is showing good strength this morning across the board with most pairs currently sitting on or breaking support v/s the Dollar. USDX has broken up through the Hourly 200 sma and resistance line .
Whilst hourly indicators do not look menacing, 4 hrly charts have rolled back over bullish for the Dollar against nearly all pairs.
Watching -
Eur/Usd 4 hrly close under 100 lwma and support,
Usd/Chf 4 hrly close over 72 sma and resistance line,
Aud/Usd break of 0.9065 support,
Eur/Jpy close under hrly 300 lwma and previous res turned support at 121.62.
Lets see how they unfold.
Tuesday, 9 March 2010
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