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Strategies & Market Trends : John Pitera's Market Laboratory
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To: elmatador who wrote (21023)6/19/2018 5:54:46 AM
From: John Pitera4 Recommendations

Recommended By
kimberley
roguedolphin
sixty2nds
toccodolce

   of 33421
 
The USD index is taking out some really significant resistance..... while the Eur/USD is again falling hard and
is breaking down below 1.15.....

Draghi shook up the markets with his impromtu press conference where he gave the ECB even more options.

so the USD and the Yen are the strong currencies..... the Yen being the classic flight to safety....

Currencies from the AUD, to the CAD, NZD, Mexican Peso, Swiss Franc ..... have all had really serious
sell offs the past week.. and the emerging market currencies, from Argentina, to the Turkish Lira to the
South African Rand... the Ruble are all under pressure....

The USD index on a daily taking out all kinds of Fibonacci resistance and looking to head higher...



JP
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