Next week should be very interesting and it all could start on Monday. A full blown assault on the dollar is imminent. The US Dollar index chart is starting to show signs of severe weakness. Short term resistance is set at 79.20 (high) and 78 (low) and long term resistance appears at 80.60 (high) and 74.20 (low). The long term point and figure chart is pointing to 71!
Here are the Floor Pivot Points for Monday:
3rd Resistance = 80
2nd Resistance = 79.63
1st Resistance = 78.96
Pivot Point = 78.59
1st Support = 77.92
2nd Support = 77.55
3rd Support = 76.88
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