Forex News Expected to be Dollar Positive Today
January 26, 2010 by ForexYard
Filed under Daily Forex Analysis
USD/NOK:
The pair may see a downward correction today as the 8 hour and daily RSI are floating in the overbought territory and a fresh bearish cross is evident on the hourly and daily charts’ Slow Stochastic. There is also a breach of the upper Bollinger Band seen on the hourly, 2 hour and 4 hour charts. Forex traders are advised to go short for today.
