As i was putting together this set of charts we saw a sharp fall in the US$ and sure enough the chart on the left shows the RL culprit.
By the way...Have a look at the long term UsCHF charts below from E-signal....Do you think that we have recently seen a touch on the ML/CL (pink/yellow in MT) and that price is on the turn? Remember as per the previous post these RL's are best viewed in 5,10, 5 & 30 min TF as above that the detail is lost.
Friday, 4 June 2010
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