Sunday, May 10, 2015

Dollar Index hover along resistance line

US Dollar continue to close lower this week to 94.9.  US Dollar hovered around the trend resistance.  For more upside, preferably closed above trend resistance for 2-3 days in daily chart.  Short term resistance remained around 96.3 region and potential support is 93.3 region.

USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

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