Now watch that wedge carefully.
I thought they might try to bounce off that first to throw people off, so I was assuming tuesday.. but it's already there friday.
But there's a chance it may gap down even further on sunday night into monday. It can enter freefall.
Now be very careful what you think a falling dollar means for other stuff.. including oil.
That's about all I'm going to say. I've already said before that currencies is the last tool of the fed as long as it's under their control.
That doesn't mean there can't be a gap up monday because they do a surprise budget agreement or some junk like that.
Dollar hit 74.97
Started by
dcengr
, Apr 08 2011 08:59 PM
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