Just an update and a couple other charts.
07:30 PST
The DDF is indicating a Bearish Bias for today. The DDF's areas of support and resistance are 1055 and 1067
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Today's Persons Pivots range from 1051 to 1074.
Price is continuing to follow the forks with no sign of a major trend change, but Price is likely to find it's way back to the top tine
The hourly charts:
The Ichimoku is Bearish. Price has fallen below the Tenkan-sen and Kijun-sen which are in a Bearish cross. Price also below the Kumo.
MoneySpy is also Bearish. Indication of a short term bottom comes from the Green bar
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The Daily Charts:
Daily MoneySpy is Bearish
Price broke through the bottom of the Daily Kumo. We have resistance at 1075.
The Tenkan-sen has crossed below the Kijun-sen. A full Bear signal will occur when they too have fallen below the cloud
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Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.
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