US Dollar V/s Leading Currencies – Technical Analysis


USDAUD completed a wave 2 correction and wave 3 up should have startded. 3=1 points to 1.33 next with support near 1.26


USDCAD – is due to start wave iii up with iii=i pointint to 1.30, support at 1.25


The monthly candles for USDINR show a engulfing bull pattern. The close for the month was above the previous bear pattern that had a high of 65. So 65 is an important pivot. The next move up should be seeing us up to 67 or the previous high at 68.87


USDZAR – or the South African Rand, wave ii pullback appears complete and wave iii up should be next. iii=i is at 14.40