Markets Index US Dollar 85.03 dn-0.25.
Due to the price of Crude Oil taking a bath, it is worth taking a "looky-C" as my
Grandad use to say, as the trend of the 'Greenback" which I'd like add, is the only
currency in the world that is the same size and all dominations are the same colour.
It's no surprise then that the US notes are the most counterfeits worldwide.
The rise in the US Dollar has been the main reason for the drop in Crude Oil and if
you don't believe it, carry on.
The Dollar is rising strongly presently with no resistance in sight, but my chart of
math and geometry givesone at 86.50.
This could well be the day Crude hits my downside target of $49. Chart below.
Charlton Capital Ltd. 618
http://stockcharts.com/h-sc/ui?s=$USD&p=D&yr=1&mn=3&dy=0&id=p73001969264 |