Tuesday, March 22, 2011

US Dollar Index vs Fibonacci: UPDATE-2

 Dollar Index update:

 In my Previous Post as i said If $ index break 50% retracement 75.58
then it will reach 23.6% levels.It was broken 75.58 
and moving down side. see in chart Down side target zone

Here is my 18 March views /forecast on Dollar Index :

US Dollar Index exactly trading on 50% Fib Retrace.(50% 75.58).
75.58 break  it will reach 23.6% Level very soon .
If it  holds 50% Level then it bounces back to 77.29 Levels.
But In my opinion US Dollar Index  fall not yet over..
some more down on cards


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