Another routine look using UUP. Hope '09 is certainly posturing and will really get some play if the US dollar drops out of this rise as the fading momentum has been hinting it will do. Still the upside target to resistance remains in play until said breakdown is actual as opposed to hoped for.Speaking of hope, would it not get an afterburner boost if the Yen drops too? The Yen chart does not look so bullish either with a potential double top and weekly MACD trying to trigger down. As with the buck, nothing is confirmed yet.
