Friday, May 29, 2009

Dollar Index 29 May 09


Dollar Index still quite intact with the channel . there are some support area which the market might try to test again . mainly sellers are looking at LH zone . applied mainly for those who trade futures and spots FX that involves USD . this is useful to understand the strength and weakness in USD currency . remember next week we have got lots of important data coming out . trade with care . look for more follow through currency pairs as it will give you more buffer comfort . cheers .