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Dollar Bull Gets Legs; Buy Dips

Friday, 20 November 2009 15:29 GMT | Written by Jamie Saettele

The USD rally is getting legs and much larger moves are expected in the coming weeks. Look to buy the greenback across the board on dips. Levels are clearly defined.

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EUR/USD Updated: 17:05 GMT	S1:	1.4880	w	R3:	1.5060	s
	S2:	1.4840	m	R2:	1.4990	m
	S3:	1.4775	m	R1:	1.4940	w

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0

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78%

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USD/JPY Updated: 17:10 GMT	S1:	88.60	m	R3:	90.15	m
	S2:	88.00	s	R2:	89.55	m
	S3:	87.10	s	R1:	89.25	m

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0

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2%

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GBP/USD Updated: 18:28 GMT	S1:	1.6600	m	R3:	1.6750	m
	S2:	1.6515	s	R2:	1.6715	w
	S3:	1.6455	m	R1:	1.6685	w

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85%

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USD/CHF Updated: 23:03 GMT	S1:	1.0115	w	R3:	1.0225	m
	S2:	1.0075	s	R2:	1.0200	m
	S3:	1.0030	s	R1:	1.0165	w

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0

100%

79%

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USD/CAD Updated: 18:42 GMT	S1:	1.0600	m	R3:	1.0780	m
	S2:	1.0565	w	R2:	1.0700	m
	S3:	1.0540	m	R1:	1.0670	w

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70%

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EUR/CHF Updated: 17:19 GMT	S1:	1.5100	m	R3:	1.5160	s
	S2:	1.5075	s	R2:	1.5145	m
	S3:	1.5005	s	R1:	1.5135	m

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0

100%

21%

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AUD/USD Updated: 17:34 GMT	S1:	0.9150	w	R3:	0.9340	s
	S2:	0.9130	m	R2:	0.9265	m
	S3:	0.9075	m	R1:	0.9220	m

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0

100%

53%

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NZD/USD Updated: 17:06 GMT	S1:	0.7250	w	R3:	0.7405	m
	S2:	0.7225	m	R2:	0.7355	m
	S3:	0.7130	m	R1:	0.7330	w

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0

100%

75%

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EUR/JPY Updated: 18:47 GMT	S1:	132.20	m	R3:	134.00	m
	S2:	131.75	m	R2:	133.50	m
	S3:	131.00	s	R1:	133.10	m

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0

100%

43%

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GBP/JPY Updated: 17:18 GMT	S1:	147.50	m	R3:	149.35	m
	S2:	147.30	m	R2:	149.00	m
	S3:	147.00	m	R1:	148.65	m

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0

100%

44%

View Outlook

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Live Currency Rates
Name	Last	High	Low

Candlestick Summary
Currency	Last Formation	Trend Bias
EUR/USD		-
USD/JPY	Bearish Engulfing	bearish
GBP/USD	Evening Doji Star	bearish
USD/CAD	Bullish Engulfing	bullish
AUD/USD		-
NZD/USD	Long Black Candle	bearish

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