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Monday 8 January 2007

Forex day Trading System - Rally of USD

Posted by FX at 20:30 Monday 8 January 2007
Forex day Trading System - Rally of USD against all majors and MinorsUSD dollar has rallied tremendously against the majors (EUR, GBP, CHF) and minors (AUD, NZD)..For AUD/USD it was due since the currency pair has been trading very near to weekly highs. I guess today will be a day for correction, essentially profit booking..The limit of correction can be 38.2 % fibinacci levels of USD rally. Then

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