The U.S. dollar has a very surprising way can be exempted from the downhill end of the year and now even been risen dramatically. But how long can the dollar rise to? pure technical chart seen the dollar should make again soon. The progress of the recovery is in my view a sign that it will come in the next few days to clear charges. A steep initial phase and then a more low continuation of the recovery. Even the '62-Fibo was first insurmountable. On the second attempt, the brand has yet to be taken. The previous high this recovery wave was precisely at the upper down trend line, which was confirmed. The maximum potential of the recovery still is not very large. Presumably, the high was seen. Other possibilities are the mark of 1.19 or ~ but again the trend line at ~ 1.18.
also has fundamental on the case has not changed. America is more and more debt and the weakening of its currency, the debt immediately reduced again. So it's only a matter of time, how long can the dollar hold compared to the Swiss franc on the 1's mark.
A crash is therefore quite possible, even more so than General Motors would probably get more help soon-billion to survive the situation. Target price of 1.10 or even under it are not unrealistic!
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