Original Post: http://lcchong.wordpress.com/2012/01...is-8-jan-2011/
USD is now attempting a strong resistance zone which consists of 2 resistance levels (81.31 and 81.44) in the Weekly chart, and also 52-week high. I believe if USD can break this resistance zone and sustain above it, it has potential to advance to the upper channel of the asymmetric triangle in the monthly chart.
http://lcchong.files.wordpress.com/2...ng?w=837&h=380
http://lcchong.files.wordpress.com/2...ng?w=837&h=380
USD is now attempting a strong resistance zone which consists of 2 resistance levels (81.31 and 81.44) in the Weekly chart, and also 52-week high. I believe if USD can break this resistance zone and sustain above it, it has potential to advance to the upper channel of the asymmetric triangle in the monthly chart.
http://lcchong.files.wordpress.com/2...ng?w=837&h=380
http://lcchong.files.wordpress.com/2...ng?w=837&h=380