Friday, 19 February 2010

Update - Watching the USDX - Dollar Index

Triple top in place  held  nicely  and  the  fall has started. Next level to watch  will  be  the  hrly 200 sma  @ 80.26, a break and close on  the  hour under there  will see the downward move in  the Dollar  accelerate.

Targets for our short Usd/Chf and Long Eur/Usd should be the hrly 220 sma.

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