14 May 2012

USD Index : Breaking Resistance

  • Weekly chart of USD Index front month continuation contract (now at 80.77).
  • Topside resistance formed by line joining Jun10 and Jan12 highs is at 80.68.
  • Game changer in the making. Hang on to those Risk Off positions. Manage risk so as not to get stopped out on volatility ie don't get greedy!

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