The Autobot logic has signaled a top in the Dollar Index. A close over $78.77 today would call into question this output.
Remaining short Gold here is not warranted.
EURUSD reached 1.4028 this morning which did not quite meet the 1.3980's I suggested yesterday and has rallied powerfully. A retest and break lower to form a bottom is expected, but remaining short, or initiating new shorts is unwise.
USDCAD reached major resistence this morning in the 1.05's. Remain long this cross only if from low 1.03's. A deep correction could begin shortly.
Dollar, Gold, EURUSD, USDCAD
Started by
autobot
, Jan 21 2010 12:20 PM
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