08 October 2008

The US Dollar Long Term Chart and Four Scenarios

Current Situation

Scenario 1: Failure at the Neckline with a backtest and swift decline

Scenario 2: Complex Double Top at Neckline

Scenario 3: A High that Stresses the 83 Pivot Point.

Scenario 4: The Pivot is Exceeded and 84 is Taken Out With at Least Two Weekly Closes