- Quite lost here.
- [Trading at 75.29 now].
- Preliminary thoughts on USDX, which basically represents the entire risk complex. Net net - still a sell, I think.
- Monthly : After the sharp squeeze, hard to see this rallying a lot further from here without having to overcome a lot of strong overhead resistance. Path of least resistance from here = down.
- Weekly : Need this week to end with a black candle below 75.63 to call an end to retracement rally. Early days yet. But hopeful.
- Daily : Possible weakness developing today
16 May 2011
USDX : Being Stubborn ?
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