|
well, my conclusions after today is that technically, we are going lower... below 1.200.. as low as 1.150 but 1.1980 first. This was obvious yesterday as well, but i let my thinking of fundamentals overide that fact.
To justify a move much much lower , just think of how much the EUR and all others have risen against the dollar since the fall. That tells me that maybe a lot of bad fundamental facts have already been factored into the dollar, and its time for a technical bounce.
im not a long term type of trader, but in all my daytrades , im going to be focusing more on selling.
|