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Monday, August 10, 2009

USD update

I'm in the middle of my vacation but since I have several positions on USD I thought of just chiming in and see how USD was doing since 7 days ago...

From what I can see with the limited graphs access I have now, it seems a reversal is indeed taking form in USD. My target at 75.47 missed the actual low by 0.01 ... Beginner's luck I guess eheheh...

Anyways if everything goes accordingly, mid term USD Index should go above 90 ... and perhaps initiate a big bull market, but first things first and let's not get carried away... The area around 80 is still an obstacle to overcome... so let's root for that.
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