The Dollar Index has slightly breached a 73.51 Hidden Pivot support that I’d identified as critical to the illusion of the buck’s survival. The low was just 0.03 points beneath my target, but if it’s exceeded on a closing basis for two days, it’ll be Katie-bar-the-door time.
Is it Katie-bar-the-door time for the buck?
- April 27, 2011, 3:27 am
I, as well as most people I know we are in trouble with the usd, it’s just unwinding a little quicker than anticipated. We are going to have to depend on Rick to help navigate through this. He is the best on these navigation instruments.
Don