Tuesday, January 17, 2012

USDX at Geometric Resistance

U.S. Dollar Index
  • USDX hit resistance at the projected 81.20-81.50 range which is coincident with the linear resistance from where the cycle square intersected the cycle arc--which was a short term high in mid-December. (orange line)
  • Major support at the purple vesica piscis line. 
  • The trend continue higher: higher highers--higher lows.

1 comment:

scotty said...

Fibo
Market Map--New
Published tonight
http://markethighsandlows.wordpress.com/