The U.S. Dollar Is Dictating Every Move


By TRADER X on February 8th, 2010 3:10pm Eastern Time
The U.S. Dollar is still slightly negative today. However, the dollar has rallied from it's morning lows. When the dollar trades higher most commodity and inflationary stocks usually trade lower and vice versa. The DXY chart will have intraday resistance at the 80.38-80.40 level. Remember every trade is a dollar trade.


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