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May 21, 2012 04:15AM GMT
     
 
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USD/TWD Old Support Line Becomes the New Resistance Line.

By   |  Forex  |  Feb 08, 2012 06:08AM GMT  |  Add a Comment
 


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.



usd/sgd continue to creep around Oct-2011 lows.



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.



usd/hkd is trading in a downward wedge signaling that the pair is still in a downward trend.

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