US GDP Fundamentals strong...USDollar Index Bull to continue

Pre-Open...7/31...12:01Pm EST

Hello Everyone..........

On Friday after the US GDP 2nd QTR Data release the Top of the Range breakouts were contained for Eur/Usd<>Cable<>Aud/Usd with the US Dollar Index consolidating its North advance and with the US GDP Data showing continued strength in the US Economy...the USD Bulls will relish in this and prepare for another North advance.

From Friday 7/29...prior tho US GDP Data........

The Single Currency US Dollar Index has been discounting the positive US Data with controlled Exits on USD Longs....thus the Market counter moves to positive Data...Safe Exits. On Friday US GDP will have whipsaws to clear the path for Eur/Usd<>Cable and the other Majors into upcoming Directional moves...and at Times such as these its best to let the Market tiddy up a bit until it proves its Course of Action....

Eur/Usd North breaks at 1.2165 will Target an advance onto 1.2260<>1.23........
Eur/Usd South breaks at 1.2080 will Target a decline to 1.20<>1.1980<>1.1950.
Cable North advance breaks at 1.7590 will Target 1.76<>1.7720....
Cable South decline break at 1.7480 will Target 1.73<>1.7260.

After US Data on FridayMorning these levels will set the next Directional course.