February 10th, 2012
Published Daily

DXZ09 – December Dollar (Last:75.020)

by Rick Ackerman on November 12, 2009 4:30 am GMT

The dollar is sinking in night trading, with support in prospect most immediately at 74.910.  We’ll use that Hidden Pivot midpoint as a minimum downside target for now, but if it gets shoved aside, look for more damage to as low as 74.440 over the near term. Alternatively, the futures would need to hit 75.515 today to turn the 30-minute chart bullish.



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