the 1.8724 posted earlier is my target for profit on Long position I will also start to build a Short at that level and would be prepared for it to go to the 760s for todays high
If I wouldn't know you better I'd say this is really funny, but hey, good luck to you/us. The price of USD is closely linked to the price of gold, and the latter has gone haywire, it went from $420 to $520 in 38 weeks, from $520 to $620 in 15 weeks and from $620 to $720 in 6 or 7 weeks. It can only go two ways from here, either gold hits $1,000 in the next few weeks, or there will be a massive correction and many pockets will get burnt. I think that it is more likely for the gold to go to $1,000 than to have a major correction, but the latter can happen, in which case the dollar will stage a recovery. Alternatively, Gordon Brown can become the next prime minister and the pound can tumble faster than you can say "cable".
Cable seems to be holding and the day is not over yet. for now there is no real selling It seems the market is in a rush to hit 1.9 and try to get to 2 000 😱 where there may be orders waiting