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Old 11-25-2004, 07:47 PM  
Monk
Confirmed User
 
Join Date: Jan 2003
Location: Canada
Posts: 631
The $USD is approaching an area where it bounced 3 times in the 1990's.... the 80 level (see chart)

Given the speed and scope of the fall from 2002 (33%)... wouldn't surprise me to see it bounce up to 100 (see chart) before beginning a new leg down.



http://stockcharts.com/def/servlet/S...9,Y]&listNum=1

Last edited by Monk; 11-25-2004 at 07:51 PM..
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