U.S. dollar continued to man in the Asian session, as we expect to maintain and test the downward movement of price in the area of support at 1.3722, which now appears stable enough to reduce a significant growth of green money. In support of the estimates appear to fall down values of stochastic indicator and MACD. In the opposite option, enhancing the confidence of traders in the green money will direct cost to resisting 1.3860 and 1.4050..
Wednesday, June 10, 2009
Daily Technical Analysis 28.05.2009
U.S. dollar continued to man in the Asian session, as we expect to maintain and test the downward movement of price in the area of support at 1.3722, which now appears stable enough to reduce a significant growth of green money. In support of the estimates appear to fall down values of stochastic indicator and MACD. In the opposite option, enhancing the confidence of traders in the green money will direct cost to resisting 1.3860 and 1.4050..
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