Friday, September 5, 2008

How to trade USD.

US dollar index (NYBOT: DX) has broken 7 years lasting downtrend. Key drivers were released macroeconomic reports which show still expanding economy of US with better than expected GDP for the last quarter. Contrary some European or Asian economies already contract.

Please have a look to Adam Hewison's video. See how Adam is analysing US dollar index with Fibonacci tool.


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