I refer to my previous post of December 23, 2009 on the subject. Since my advice to buy the USD, the USD index has been going from 75.0 to 80.4 today. Target stays the same: 86 to 87. We are in a rising technical wedge formation.
At the same time, the EUR/USD has been decreasing from 1.51 to 1.38 today. I stay short on the EUR/USD with a target of 1.30.
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