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USD forecast for coming week ended 5th October, 2012.

Last week I was expecting that Usd may show up moves in later days but may be it needs couple of more days for that.  

Now Usd is ready for up moves or reacting on its bullish pattern (which it may be creating) but Even if it corrects from here I think Usd will get good support around 78.5 levels. From there it may give stronger reversals and that is mostly expected in later periods of the coming week. In fact if Usd reacts on that bullish pattern then the target will be around 81.5 levels in the upside. But for any up moves it needs to break 80 levels convincingly and this prediction may not be true if Usd breaks 78.5 levels in the downside.


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