USD/TWD Old Support Line Becomes the New Resistance Line.

Published 02/08/2012, 01:08 AM
<span class=USD/TWD H1" title="USD/TWD H1" width="550" height="455" />

After USD/TWD broke through this support line it has now provide resistance for the pair twice and we see here in this chart.

USD/INR testing the 61.8% retracement level.

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USD/SGD continue to creep around Oct-2011 lows.

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USD/SGD continue to creep around Oct-2011 lows showing that there is some buying interest around these levels.

USD/HKD trading in a downward wedge.

<span class=USD/HKD H1" title="USD/HKD H1" width="550" height="455" />

USD/HKD is trading in a downward wedge signaling that the pair is still in a downward trend.

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