Quote:
Originally posted by James
I have voted for the low road, calling for a drop in the USDX to 87.00 - 87.50, followed by a rise to 88.50 then a dramatic collapse back to the Feb lows of 84.50 before lower. I have just bought cable and euro with this in mind.
Good luck!
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Well, 7 minutes after I posted that, they both rallied 70 pips from the lows where I bought. Let's have a look a the chart I posted above in a few days/weeks time and see which road is followed. From here it looks like the low road just got started!