if dollar reverses this week .....
Started by
A-ha
, Nov 03 2007 01:04 PM
3 replies to this topic
#2
Trend-Signals
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Posted 03 November 2007 - 01:20 PM
any little pop
Hi aha,
Which post are you replying to, of USD reverses this week?
USD closed at daily TL support; however, it didn't show reversal sign as we can see that it didn't closed the week signaling a reversal even though $USD is oversold.
Do you see reversal pattern suggesting that it will reverse during this week other than that it is trading at daily TL support?
TIA
USD update, ... LT targeting 73 +/- 11/2/07
http://www.traders-t...showtopic=78593
#3
A-ha
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Posted 03 November 2007 - 01:42 PM
I was just following up my previous call on "Dollar bottom @ 76"
I think it will be savage once it reverses
I think it will be savage once it reverses
#4
Trend-Signals
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Posted 03 November 2007 - 01:47 PM
I think it will be savage once it reverses
I see now what you are referring to. My thought is based on going back Jun-Jul 2006 bottom with "Global Economy" Theme as USD is a part of the theme.
As noted on my post on $USD, the LT support relative to current market trend is near measured target of 73.
Will see.
Edited by Trend-Signals, 03 November 2007 - 01:48 PM.
