I am 100% I since late last month and don't necessarily agree that the $$ will start an upward trend. It seems to be trapped in a range currently between 1.08 and 1.10 when compared to the Euro. As to 70 resistance, I see a similar resistance at this level but that is still 7% above the current.
Do you believe that it will breakout to the downside? Or that it will stay in this range forever? If so, why?
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Posted by: sarah_oz@yahoo.com
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