Wednesday, August 14, 2013

Game Changing Move Expected..

from Speculative Price action


The positive influence of Retail Sates couple with the recent precious metals decline have given the USD the lifeline every bull analyst have been waiting for. Although, price action for the past 3 consecutive days of US Dollar recovery have lost its steam and would soon retrieve back to its original directional trend heading lower.

Key price areas to check for the closing week with the US Dollar Index is whether it would stay above the 82.05 pivotal price to restore its bullish sentiment. Or would a retest and pullback below the 81.10 levels be done within the next 2 trading days. Watch these key prices on both sides of the range when European market open on thrusday going into the American trading sessions.

Game Changing Move...

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