And then another look at the EUR/USD 1.4365-1.44 level. If we see meaningful ie 60+ point move down from highs tonight, this may be voided. Otherwise, if price action continues upwards, it may provide a quality short, looking for 100+ points.
Tuesday, June 2, 2009
Looking forward...
We have .8500 coming up on the AUD/USD, a great weekly level which clearly worked as past support and resistance. Screenshot below.
And then another look at the EUR/USD 1.4365-1.44 level. If we see meaningful ie 60+ point move down from highs tonight, this may be voided. Otherwise, if price action continues upwards, it may provide a quality short, looking for 100+ points.
And then another look at the EUR/USD 1.4365-1.44 level. If we see meaningful ie 60+ point move down from highs tonight, this may be voided. Otherwise, if price action continues upwards, it may provide a quality short, looking for 100+ points.
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