Eur/Usd........US Dollar Index.....
Quote:
USD is Positioing for a sharp Correction/Reversal...at 85.50<>84.50 basis...moving within the Historical Lows.....
Looking for a Double Bottom in the USD at 85.50<>84.50 basis with a North Reversal advance onto 87<>87.50 level.
Time/Price in the US Dollar Index has South Low at 84.85 and currently at 85.24...Oil is off the Highs at 55.67 currently at 54.75 with Gold at $430...Looking for a North containment in Eur/Usd at 1.2830<>1.2809 for a South Reversal thru 1.27 to 1.2650<>1.26 basis.
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Time/Price for the Eur/Usd has current North High at 1.2841 to a South decline Low at 1.2765...USD has a North advance to 85.26 and currently 85.09...Oil is off the Highs at $54.23...and Gold also lower at $428....Looking for a Eur/Usd North containment at 1.2830<>1.2809 for a South decline thru 1.2750<>1.27 for further weakness to 1.2650<>1.26 basis.