Posted by millionaire | Tuesday, March 23, 2010 | | 0 comments »






Dollar index update:

Daily chart above show dollar currently at the significant resistance where a breakout above 81.50 should bring higher toward the previous projection around 82.00--83.80 zone,this is the highest alert that dollar would rally 1more impulsive movement before we meet the potential top zone.As u know,an impulsive rally tend to move suddenly and sumtime no alert till u see the price will drive u crazy if u not in the right destination.

i strongly optimistic although we may see the pulback after no follow thru buying yesterday,but careful,any pulback should take as a great buying opportunity.Only a healthy breakdown below 79.50 will dampen this view.



Euro update:

Expect the next potential support should be around 1.30----1.3160 zone,stop buying for now cause the small bounce only for the limited pullback.After meaningful top declare around 1.5170 the price likely should retry the last year low around 1.2200 zone again this year.Dont watch and leave the price action alone.Let's take the opportunity:)


gbp/usd update:

Same situation with the euro,pound likely retry the last year low.Do not fool by pullback,So i won't to explain more,just remind you,stop buying till we see the pound hit the potential support one by one:)

potential target: 1.4500,1.4000,1.3500

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