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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (15591)12/18/2008 6:30:16 AM
From: RockyBalboa  Read Replies (2) of 71475
 
Similar problems, same policy in US and UK.

Well today there was some profit taking in the cross after EUR took out 0.95 Pounds in this hysteric move. But it is still hot... traders will do everything to try 1.00.

Of course the EUR is bleeping overbought at 85+ RSI levels.

But here comes the next mini push... Cross bouncing off 94. This stuff is on testosterone...
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