technical indicators supporting the dollar
The strategy is to sell at 1.4850, failure of previous resistance level until the target 1.4785.
To strength our analysis we will use the following technical indicators:
MACD bellow the zero line after a bearish cross and pointing down.
RSI stand on 43.2% and pointing dow to over sold area.
MA after bearish crossover of the shorter line.
The target is 110.00 at previous resistance level.
The daily trend is bullish
The target is 110.00 at previous resistance level.
Technical oscillators that supporting the bullish tendency are:
MACD-EMA`s above the zero line and pointing up.
Moving averages of 10 and 20 days, the shorter after a bullish cross.
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