The Dollar

L

Landis82

The euro held yesterday's lows and is just a few ticks from taking out yesterday's high at 142.49

Could very well see some constructive technical underpinnings vis-a-vis the Euro which will put some support under an extremely OVERSOLD energy sector.

Oct. NG back to 7.44 after trading as low as 7.125
 
The FXE ( euro ) just got all the way back up to 142.42 before slipping back a touch.

The OIH and the rest of the drilling complex is having multiple point moves off of the intra-day lows as a result of this Dollar weakness.

Great trading sector, that energy complex!
Potash just came back 6 points off the lows in a mere 40 minutes!

:cool:
 
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