US Dollar Index Update 08 Mar 2010

KEDIA: US DOLLAR INDEX FAILED TO CROSS 81.60$ THAT IS A WEAK SIGNAL FOR DOLLAR. NOW A BREAK BELOW 80$ AGAIN WILL FIND SUPPORT AT 78.62$. CMP: 80.24$

81.60 & 83 will be a key resistance level, dollar’s recent price action is very bullish and it is flagging just under this key resistance level. But some threat has been witnesses below 80 mark again to retest tilll 78.62 till 76.50 level. This weeks data are more important so eye on this week's data.

Regards,
AJAY KUMAR KEDIA
KEDIACOMMODITY
India’s Premium Research House
Mumbai | India | 421301 | India
Cell: +91 9819296333| Landline: +91 251 2200 833
Email: ajkedia@kediacommodity.com
www.kediacommodity.com
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