AI
Wednesday, May 03, 2006 8:55:55 PM
The dollar is giving increasing signs of imminent reversal here (see below).
In overnight trading the dollar is up a few clicks, but not much.
The dollar could just shuffle sideways into the middle of the BBs before moving lower to test support, but I think it more likely we'll see a relief rally first. So, I am now long, but I am not expecting a strong rally, and won't get greedy.
In overnight trading the dollar is up a few clicks, but not much.
The dollar could just shuffle sideways into the middle of the BBs before moving lower to test support, but I think it more likely we'll see a relief rally first. So, I am now long, but I am not expecting a strong rally, and won't get greedy.
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