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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
Ashraf
the ezone economy is worse than US
german factory orders really crashed...german retail sales crashed
the ECB must devalue the Eur the situation gets worse day by day in PIIGS
and now it spreads to Germany and France
gl puzzo
i really don't see Euro testing down that deep to 3700 level...
3900 level would likely provide support for push up to 43xx level then 45xx level...
clearly broke the 4080 support....
bigger correction down possibly to 3950(3925) b4 moving higher...
back above 4125 would see move up to 4240/50 again... so i placed my stops 4126...
failure to close above 4100 level would see more downside...
got it puzzo?