Sunday, February 22, 2015

Dollar index forming Symmetrical Triangle

Dollar Index closed slight higher @ 94.34.  Dollar index forming Symmetrical Triangle watch for potential break out or break down.  I am more in favor of break down as dollar index had a great run since last year without any significant pull back (>=5%)  and recent US data are below expectation.


V3Go Sentiment Graph
GBPUSD and NZDUSD continue to show sign of less bearish



USD Impact currencies/Gold/Crude(wow)
 

Weekly chart with 50 SMA


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