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Reply #2: Technical analysis indicates $ to strengthen from here... [View All]

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masmdu

(1000+ posts) Send PM | Profile | Ignore

Mon Apr-25-11 05:34 AM
Response to Original message

2. Technical analysis indicates $ to strengthen from here...

A large A,B,C flat (A to Jan 09, B to June 10, C to Now)has just completed with an ending diagonal fifth wave to complete the C.

The dollar should immediately begin to become stronger. First resistance at 79 (beginning of ending diagonal) then on to 89 and besting of June 2010 highs.

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