Sunday, November 20, 2016

Dollar Index broke trend channel

Dollar Index continues to rally and broke trend channel support
Profit taking may kick in anytime, buy when pull back
Resistance at 101.5, 105.3, 109.5, 111.9
Above resistance are estimate figures using
Support at Trend Channel (Blue), 100.3, TLU6, 99.8, Trend Channel (Blue), 98.3

Using the free charting service from ChartNexus can view for a period 3 years, therefore to obtain the resistance level, will need to fall back to another service provider as a reference guide.
Zoom in for the period 1997 to 2004

USD Impact currencies/Gold/Crude(wow)

Weekly chart with 50 SMA

Various pairs near to the resistance and support level

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