An Update on Crude and the Dollar

As the U.S. Dollar pushes lower this morning through the 79.50 level there is a slight bounce to just above the 79.50 which tells us that this is at least a pit stop for the Dollar before we wither bounce up to the 80 level or down towards 20 tick minor psychological level support. The easiest way to measure U.S. Dollar movement in between the "00" is to watch the 20, 50, and 80 price levels.
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[Source: The Money Blogs]