Sabtu, 23 Maret 2013

Dollar index stayed in range below 83.17 last week.

Dollar index stayed in range below 83.17 last week as consolidation continued. It's starting to look like that a short term top is formed at 83.17 and dollar index might reverse. Focus will be on 81.90 support this week and bring will likely trigger deeper decline through 55 days EMA (now at 81.32). Though, before that, another rise will remain mildly in favor. Above 83.17 will target a test on 84.10 high.

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