Wednesday, July 30, 2008

7/30 - LONG USD POSITION EYES FIRST TARGET



US DOLLAR INDEX: Consolidates around 61.8% retracement


Strategy Summary:

LONG USDX AT 72.56 FOR 73.71 (1st TARGET), 74.22 (2nd TARGET), STOP AT 72.92 (ADJUSTED)


SHORT EUR/USD AT 1.5740 FOR 1.5400 (NEXT TARGET) STOP AT 1.5640

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