Dallar Falls

The dollar came under pressure today dispite an increase in durable goods orders. The dollar initially went up , but after failling to make new lows reversed course and traded heavy for the rest of the day. I look at this as a Retracement (minor one at that) the the bigger picture is one of steady growth with little inflation in the U.S. economy.

Take this as an opportunity to buy dollars.


FXTRADINGIDEAS@AOL.COM