Friday, August 8, 2008

US Dollar biggest jump in 8 years


8/8/2008

Dow has registered another 300 points gain day today as USD is rallying against other major currency pairs. The long term picture of USD is looking bullish. It needs to build higher lows & make higher highs to confirm this historical movement in years. Crude Oil Future is going to test 109-110 mark soon before it could have biggest bounce.

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