US Dollar and DJI

Posted On 10:44 AM by Ng Leong Yee |

09 FEB 2010

Dow Jones Industrial and US dollar is moving against each other.
That's how important it's when President Obama is trying to boost the US dollar.


Looking at a technical point of view, US dollar is trading near its resistance and indicators such as Stochastic and RSI are in oversold region. Thus, we might see a technical rebound from DJI if US dollar retrace from its resistance.





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