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Bears have been celebrating too hard past few days, it was a...

  1. Calvo
    10,544 Posts.
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    05/11/09
    06:43
    Post #: 5874240
    Bears have been celebrating too hard past few days, it was a relief rally for them. USD went higher when the Fed announced the fund rate was unchanged - it went higher due to short convering i.e buy the fact. The most boring course of action is for the uptrend to resume.
    XJO Value at posting: 145.50
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    lightbulb Created with Sketch.  Great analysis
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