May 29, 2013
- in Uncategorized by schooloftrade
Dollar Index Dollar-Index-correlation
We can see
the Dollar-Index is trading lower this morning, which will be bullish for Euro,
however, we can see also the bullish price-reversal zone we are now trading
within which tells us this price-action is due for a short term price-reversal back
higher.
the Dollar-Index is trading lower this morning, which will be bullish for Euro,
however, we can see also the bullish price-reversal zone we are now trading
within which tells us this price-action is due for a short term price-reversal back
higher.
We have a
target of 83.915 for the rising prices, and if we start to move higher on the Dollar-Index
we will look for selling opportunities on currencies, gold, and possibly Crude
Oil.
target of 83.915 for the rising prices, and if we start to move higher on the Dollar-Index
we will look for selling opportunities on currencies, gold, and possibly Crude
Oil.
