17 March 2011

USDX : Monthly Break

  • Monthly : After a very long wait, finally getting a signal on the all important monthly chart, although we have to wait for month end close to confirm. (now @ 75.95).
  • Weekly and daily charts are hopeless. Might see some temporary support at 75.63 but my feeling is that we will slice through it easily.
  • Sell stop-in at 75.63 to increase short USDX position.

1 comment:

Taichiseal said...

Stopped-in @ 75.62. Increased risk.