Monday, October 6, 2008


The EUR/GBP break has my attention right now as it has broken the range, came back up and tested the bottom of the broken range and retreated back down.  I'm now looking for some downward movement from this pair...

Above I show the bounce off the old range bottom and my expected direction of the pair.


U/C Breakout

So much for that range...looks like the USD just broke pretty hard north, even with positive CAD news.