US Dollar Updated – May 4, 2015

USD is bouncing from the projected support area of 94 +/-.  If I were to guess, I’d say it gets another leg down deeper into that area or possibly to the first level of long-term support by the 2nd (monthly) chart. Luckily, I am not to guess. I am to watch and gauge and plan coming opportunities.

As but one example, if USD were to take another drop and Euro one more surge, that would likely bring European stocks to the buy range NFTRH is charting. Good stuff, this casino… market.


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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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