Dollar has taken flight on these rumours with USDX back through the hourly 200 sma.. Although fx markets seem to be buying this, Gold and Silver may be telling us something...anyone wanting to play against this current USD rally may want to sell Usd/Chf at 1.0640/50 with a 70 stop or close over the hrly 220 sma.
Euro wise stay away from the long side as this Greek business continues to cast doubt over the whole Eurozone economic/currency union. Euro is currently being beaten worse than a red headed stepchild as a result...
Friday, 19 March 2010
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