Thursday, June 9, 2011

Update on #USDx and Pairs

As posted here:

http://mcapitalmarkets.blogspot.com/2011/06/usdx-short-term-divergence.html

USDx, EURUSD, USDCHF and AUDUSD have changed the main move of the week as expected.

GBPUSD to follow soon.

*** Most probably we won't see much more expansion for the day as the USDx average daily range is already taken out for the day.

Cheers.

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