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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
the drop in Euro is much steeper than anticipated... and weekly will likely close negative... and i favor continuation to the downside next week.... only clear break and close above 4250 level would make me think otherwise...
to the downside... pretty much in line with digi's target for now... but see a stopover around 3900/3940 area b4 reaching 37xx area....
temp bottom in place for now... buying the dip(short term) would be the preferred strategy.... i think 4230/50 will be tested tom if not later.... expecting slow grind higher like earlier part of the week...
gl/gt
IGGY...
if one can't understand something that simple... not worth explaining anything...
your 1.50+ target would have to wait for a while.... i believe... take into consideration possibility of one more dip plus a lot of zig-zags on the way to your destination... sooooo.. it may take longer than you anticipate... fyi.. :)
she can't warp her lil head around it :))