25 November 2010

Dollar situation

  

Dollar index has arrived to its first target - 80.00. This is a little level where it dropped from previously (you can see it on h4 chart presented). Plus there is another level just above it, 81.00 - 81.50, which could put even more pressure to the downside.


Usdchf is trading in a channel, currently under the upper channel band and some minor resistance, as well as key 1.000 level.

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