Dollar Wreckage
November 26th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument.
UPDATE: USDJPY
Just now…
USDJPY Weekly Interval
BOJ will try to release the ninjas here…
—End Update—
The dollar has finally broken down solidly into the 74s. A retest of the all time lows looks likely now. If there’s going to be a bounce on the dollar (sucker, dead cat, short squeeze, or otherwise) this would be a good place for it to happen. Good luck with that…
Gold is flying higher and higher. Spot gold hit $1194.50 before pulling back just a bit.
U.S. Dollar Index Monthly Interval
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