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The dollar looks like it might be headed to 80.000, near a 76% fib fan line and some old support. The 200dMa is also slightly above that, so expect some support soon.
Klatuu
The fall in the Dollar is also helping to propel many commodity stocks.
an alternative view on the dollar
http://stockcharts.com/h-sc/ui?s=$USD&p=M&yr=6&mn=0&dy=0&id=p08009523390&a=205269934&listNum=17
yes I have the same weekly chart, showed it about a month ago, just watching, we'll see
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Dollar nears confluence of support
Posted by klatuu on 2nd of Aug 2010 at 11:06 am
The dollar looks like it might be headed to 80.000, near a 76% fib fan line and some old support. The 200dMa is also slightly above that, so expect some support soon.
Klatuu
The fall in the Dollar
Posted by steve on 2nd of Aug 2010 at 11:10 am
The fall in the Dollar is also helping to propel many commodity stocks.
an alternative view
Posted by doodlebug on 2nd of Aug 2010 at 11:17 am
an alternative view on the dollar
http://stockcharts.com/h-sc/ui?s=$USD&p=M&yr=6&mn=0&dy=0&id=p08009523390&a=205269934&listNum=17
yes I have the same
Posted by matt on 2nd of Aug 2010 at 11:34 am
yes I have the same weekly chart, showed it about a month ago, just watching, we'll see