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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
Eswar
Disclaimer:- Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions.
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US DOLLAR INDEX