for now the US Dollar is really strong. here's a 240 min
chart, strong candle today and it is causing weakness today in the
market
ultimately we need to see the 60 period stochastics fall below
80% to really have a good down move, but for now it's at the top of
the wedge, so maybe it finds some resistance up here.
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for now the US Dollar
USD$ @78.08, when will be the pullback
Posted by matt on 18th of Dec 2009 at 11:17 am
for now the US Dollar is really strong. here's a 240 min chart, strong candle today and it is causing weakness today in the market
ultimately we need to see the 60 period stochastics fall below 80% to really have a good down move, but for now it's at the top of the wedge, so maybe it finds some resistance up here.