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Gary,
Does this rule out the T1 Pattern for the Dollar or just reduce the odds of it happening now?
one word– Greece
Reduces the odds. The dollar should still have another leg up but the target is in limbo. The T1 pattern just indicates a target whereas a true intermediate correction can then rally to an undetermined target.
Dont you think that even 90 its possible – there is a open gap at this level
92 is the 38% Fibonacci retracement. I think that is possible over the next 8 days.
eurozone Q1 growth could be about 10-15 times higher than US growth
Why stop at 10-15x higher when it could be infinite with <.0001% GDP growth? Infinitely more growth in the EU sounds amazing!
Good call on the USD.