Thursday 29 November 2012

FOREX US DOLLAR

I had been looking for a reversal near the 38.2% retracement of the rally from 9740, at 9945. The level is reinforced by trendline support and the 10/10 high. The USDOLLAR reversed just before that leve l yesterday.The last six months has seen significant progress on our growth projects and the transition to becoming an operational energy business continues with the majority of our capex programme now complete.

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