Intraday Market Thoughts

Archived IMT (2009.12.18)

by Ashraf Laidi
Dec 18, 2009 16:24

US DOLLAR STRENGTH pushing the envelope, as EURUSD breaks the $1.4270 target from the Dec 10 HotChart USDJPY breaks towards initial 90.60 target, now eyeing subsequent objective at 91.25, followed by 93 (as repetitively called for on ( while GBPUSD breaks below $1.6060 to hit lowest since Oct 15, eyeing the 200-day MA of $1.60, which we warned about in yesterdays Video Market Analysis.


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