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Strategies & Market Trends : The coming US dollar crisis
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To: RockyBalboa who wrote (21332)7/14/2009 6:29:03 AM
From: zamboz  Read Replies (2) of 71428
 
The USD love affair with 80 is about over. It is Act III. You can draw an upper down trend line from the March highs and along the April highs and end up where we are now. The March and June lows make a parallel lower downtrend line. The dollar is trying to squiggle sideways through resistance to escape the down channel.
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