Wednesday, September 9, 2009

Looking at a normally bullish formation occuring in the USD

taking a Look at the USD from sept 8th close we can see the somewhat bullish wedge formation occuring in the Daily bar chart. however i would also like to point out the weekly chart which paints a different picture..... if the weekly chart breaks this has quitge a bit of pull down to the 72 region like a magnet.

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