US DOLLAR TECHNICAL ANALYSIS – Prices may have finally started to turn lower as expected
following the appearance of a bearish Evening Star candlestick pattern.
Near-term support is at 11740, the 14.6% Fibonacci retracement, with a
break below that on a daily closing basis exposing the 23.6% level at
11653 Alternatively, a reversal above trend line
support-turned-resistance at 11819 clears the way for a test of the
11854-76 zone (14.6% Fib expansion, March 2009 high)
Crude Oil May Turn Lower Anew, SPX 500 Sets Sights on December Top
Posted by Sahidda
Posted on 07:51
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