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Wednesday, November 30, 2011

Potential HUGE INVERSE HnS in dollar

This is not the chart which one should look and trade the  short term markets . But it is definitely one of the picture one should keep in mind.  Is the dollar currently forming the RIGHT shoulder of what could be a POTENTIAL HUGE INVERSE Head and Shoulders in the dollar.

Currently unable to work with a good charting software. So marked the Shoulders and head with triangles. I think its clear  enough.

One of my earlier post showed a high enough target for a dollar rally.

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