December 21, 2011 4:41:02 PM by
Peter
Forex
US dollar sharply lower across the board, as stocks drift higher as Housing Starts rise much higher than expected, up 9.3% in November. Many pairs are approaching their critical levels on the 4h charts; Usd/Chf lower, Cable higher and so on..... All eyes on the Aud/Usd now for even higher levels, as S&P shows more and more evidences of a low. A bullish close on the Wall Street today will be a confirmation.