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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (21332)7/14/2009 5:42:22 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71427
 
09:00 European Monetary Union Industrial Production s.a. (MoM) (May) 0.5% 1.5% -1.4%

09:00 European Monetary Union Industrial Production w.d.a. (YoY) (May) -17.0% -17.5% -20.5%

09:00 Germany ZEW Survey - Economic Sentiment (Jul) 39.5 47.8 44.8

09:00 European Monetary Union ZEW Survey - Economic Sentiment (Jul) 39.5 44.2 42.7



To: RockyBalboa who wrote (21332)7/14/2009 6:29:03 AM
From: zamboz  Read Replies (2) | Respond to of 71427
 
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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