$USD Dollar chart index ;
1) Another fake move ?
2) 80 levels is clearly our real support level
3) ABC pattern reversal ???
Gut feeling ? We could face a bullish reversal (pay attention to Oil and Gold)
buy signal is right above 81 ; strong buy signal right above "C" ; 82
Meaning ? If that scenario takes place, expect a strong pull back in Gold and Oil ?
Unless of course history means nothing ........
Always expect the unexpected .....
1 comments:
Wasn't crude @ nov 2 2007 GBPUSD 2.08 to 1.98 Oct 2008
I believe crude hit 150 within this time.
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