PLEASE SEE MESSAGE AT THE TOP OF TODAY'S BLOG AND THE POLL ABOVE.
USDOLLAR -
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We have a new AB bullish swing on the dollar index with
price having reached the A low of this swing again and has given us a morning
star indicating a return deeper into the swing.
FOR TODAY:
Price seemed to have held at the support lows, we will
see if we get a rally from current levels higher up.
If we don’t get
the setup we are looking for then we don’t trade.
SHORT: Will be
going short only IF:
No short trades considered at present.
If we don’t get the setup we are looking for then we
don’t trade.
LONG: Will be
going long today only IF:
We have a bullish cs formation; look for rallies with
limits up at 100.63.
A sustained break of the A low negates this view and
opens the downside.
If we don’t get the setup we are looking for then we
don’t trade.
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