Wednesday, 26 January 2011

EURUSD




















I am beginning to feel we have seen the best that the Euro can do and that this may well be the top. The USDX is oversold & has found firm support at 78.00 and does not seem able to penetrate the plum /mauve coloured CL. A lower low on the Euro Usd would mean a break of the blue ML. Price action both looks and feels different today.
Gold to follow.
( E-signal) and the RL ( Metatrader).

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