Dislikedyup, i was panicked this morning when gj decided to go down. wasnt expected it to go lower than 205.50.. its well worth it.
did u c uj on 1 & 4h chart? cery long bull candleIgnored
The lowest it touched just now was 101.41... within 3 hours... already sky rocketing UP to 103.23 and counting.
There is always "INVISIBLE" power pushing UJ UP when it fall terribly.
Now I 100% beleive what they all said about "COORDINATED INTERVENTION".
QuoteDislikedCoordinated intervention to boost the dollar is not an ideal solution, but the foundation of the idea is simple: we need coordinated solutions. "If the world leaves the Fed to provide risk insurance for everyone, America's interest rates will almost certainly be too loose for too long-just as they were in 2001-04," says The Economist. "Excessively low American rates would raise the odds of new asset bubbles and impede the rebalancing of the global economy."