Hi allRawk once posted the breakdown of the USDindexand I was...

Hi all

Rawk once posted the breakdown of the USDindex
and I was surprised by the weighting of the eurusd.
Over 50% by my memory!

So a couple of charts looking at the biggest traded pair.

On the daily, current support seems valid
and resistance trend line is coming up for a test.

ing in to the 2 hour my trend lines from the daily
are no longer exactly in place, so I redrew the resistance
knowing it's not quite the angle but an early warning.

Failure at the resistance could mean a test of support.

regards paul