More support was seen this morning with heavy buying at the 8.25
- 8.350 area of DX. Here's a
prior postwith a narrower time frame. The
following chart is a longer term view showing where these lines
come from. We may see a reversal in the downward trend from here.
The second chart below shows today's volume.
Klatuu
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Dollar nearing long term support, heavy volume
Posted by klatuu on 6th of Aug 2010 at 12:04 pm
More support was seen this morning with heavy buying at the 8.25 - 8.350 area of DX. Here's a prior postwith a narrower time frame. The following chart is a longer term view showing where these lines come from. We may see a reversal in the downward trend from here. The second chart below shows today's volume.
Klatuu