$USDX and todays rally
- kevinmhughes
- January 15th, 2010
Sunday night the $EURUSD gapped up and it seemed that the pair was just going to run, it didn’t, it just coiled for the rest of the week until today. Today the $USDX rallied about 141 pips vs. the $EUR. I do believe with the new blast of energy from the $USDX we will see the 1.4270 level on the $EURUSD pair by the end of London trading on Monday.
Have a great weekend!!!!
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
Tickers: $EURUSD
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Lydia Idem has been investing in equities for 16 years and trading currencies actively for 5 and a half years. Her trading style is simple and short term. With a special feel for sterling, Lydia trades almost exclusively the GBPUSD and EURGBP. You can follow Lydia on Twitter and StockTwits... (more) -
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