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Currency Strenght

Thursday 10 March 2011

USDX updated Chart

 On Recent bad news from the US
weekly jobless claims riseing more than expected
and Trade balance coming out worse than expected i dont believe the USDX will continue to break the poseidon warning line for very long. there might be a short push to the 78.6% but i think it should hold and the USDX should countinue on it's doward fall. but surely  a halt in the slid of the majors for now. EUR, AUD GBP

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