Long term USD

    Posted by bullau on 22nd of Mar 2011 at 12:21 am

    Peter "el douche" Grandich made a post tonight about long-term US Dollar and got me thinking he may not be that far off.

    Long term US Dollar looks like it is consolidating before a big drop and fundamentally it all makes sense.

    Any thing to this big Head and Shoulders formation Matt/Steve??

    USD LONG TERM

    I figure 2014/15 is when it breaks the trendline for good if it consolidates for the same amount of time.

    If that H&S plays out

    Posted by vimal on 22nd of Mar 2011 at 04:43 am

    If that H&S plays out then thats one heck of a LT downside Target for the $. Don't see much wrong with your synopsis based on the chart

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