Saturday, March 19, 2011

US Dollar - Failed Annual Cycle Confirmed

The US Dollar is falling apart fast. Really fast. Two days ago it completed a failed daily cycle when it traded below 76.12.
Now, literally within this hour, the US Dollar has already failed its yearly cycle by trading below 75.63. The next downside target for the US Dollar would be the 3 year cycle low at 70.70.
Dollar

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