It looks like the dollar is going to have a shake-out decline to 77.75. I would not trust going long dollar until that price or 78.35 whichever comes first.
Your comments make me really wonder if the drop in the EURO from Feb 9th to the 14th is really a B wave. If it is a B wave, then the dollar will drop and the EURO will rise to something greater than Feb 9th high.
Your comments make me really wonder if the drop in the EURO from Feb 9th to the 14th is really a B wave. If it is a B wave, then the dollar will drop and the EURO will rise to something greater than Feb 9th high.
ReplyDeleteThank you for sharing your thoughts!
DennisP
Where is the link to your I1? What kind of decline are you expecting now? Thanks
ReplyDeleteTED spread broke out.
ReplyDelete