Wednesday, 29 September 2010

Take care with Euro$ as U$DX nears possible RL support...Continued










Euro$ is making alot of noise and looks uncertain and USDX has a nice little base....Is this the begining of the end and perhaps as high as we go for the Euro? I doubt it but i am out of this market & flat today and will watch unless we see further strength and upside momentum & will wait and have a look at Dec Wheat which looks like we could have seen the low on a major LMLP.
I will also post a reverse action-reaction count on Euro$ to try to get some clarity on a possible reversal time

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