USDX

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23:24,
svalero04

USDX

Appears to be rather an intriguing symbol to watch lately. Unfortunately I don't have time and intraday charts, but on daily, weekly and monthly it looks like the dollar basket is running out of space. It is becoming set more and more with borders standing currently not greater than 200 pips from each other, which is significantly less than the monthly range. We are just about to see it to explode with a move very similar to people on the JPY crosses seen this year after carry trades liquidation. I'd say that the rest of the border is much more likely and definitely going to be wild. Appears October has a chance to turn into the month of this year for the dollar.
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