Thursday, July 5, 2007

The Dollar Finds Support At The Year Low

The U.S. dollar tested the year low today and found support as buyers stepped in and bought the greenback.

As you know I've been bearish on the dollar and my minimum objective was the year low which was reached today..

I think the dollar will eventually break though the year low as the Euro and Swiss should test their highs as well...We'll see what happens.

No comments: