Intraday Market Thoughts
Archived IMT (2010.12.02)
by
Dec 2, 2010 18:58
QUADRUPLE CHART DELIGHT http://chart.ly/qw6kcil $USDX, US 10 yr Yield, AUDUSD, EURUSD. Here are the levels requiring your attention. I said in the last IMT that EURUSD will need to close above 1.3270 in order for a rebound to ensue. I would say the level is $1.32. Therefore, a Friday a close below $1.32 would be an immediate negative into the following week.
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