Tuesday, 9 March 2010

Morning all

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.

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