USD RALLY MODE??????? or FALLOUT COMING

[RPM]

THE USD ended the FOREX TRADING WEEK in RALLY MODE...........threatening to break resistance on teh USD/JPY and to crash through SUPPORT on the EUR/USD.

We may possibly be in for a REsistance break on Market open tomorrow @ 6 pm.

FYI: Many analysts seem to be speculating that this Rally only occured because the low volume was able to allow it. And that next week, the real SHORTs will come back..............allowing the bottom to fall out and the USD to continue its downtrend

[zz]

Originally Posted by RPM

THE USD ended the FOREX TRADING WEEK in RALLY MODE...........threatening to break resistance on teh USD/JPY and to crash through SUPPORT on the EUR/USD.

We may possibly be in for a REsistance break on Market open tomorrow @ 6 pm.

FYI: Many analysts seem to be speculating that this Rally only occured because the low volume was able to allow it. And that next week, the real SHORTs will come back..............allowing the bottom to fall out and the USD to continue its downtrend

Right now, the USD/JPY is @ 117.805 which makes me think if it stays in that area we're gonna have a huge gap down on this one...