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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
it was a good opportunity to short @ 4180/90 level imo.... expecting pullback at current level to 4010/20... at least b4 it decides what to do...
in the bigger picture... if Euro settles below 4000 level... i think it will be continuing down to 35xx level...
if it manages to settle back above 4200 level.... it may be testing 4400/20 main resistance....
shorting rallies would be preferred strategy for current quarter.... and i'm expecting test of 33xx level in 2 to 3 months time.... b4 we see the recovery...
but of course if Euro breaks back above 4580... that would be a different story.... gl/gt
what do u think subby?