March 2, 2010

U.S. Dollar Finishes Mixed; Euro Reversal Signals Possible Bottom

On Tuesday, the U.S. Dollar finished mixed against most majors as traders tried to decide whether the market had reached the end of the rally. This morning’s surge to the upside in
the March Dollar Index fell short of the recent main top at 81.43 before turning lower. This is an indication that the selling may be greater than the buying at current levels. The formation of a
secondary lower top will also be a strong sign …