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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
if 4254 holds... could see continuation toward 4390/4400 b4 correcting down to 4180/4200....
prefer buy the dip strategy for the rest of the week... with 4100 s/l.....
favor break to the upside in coming days to test 4500 level....
gl/gt
i thought breakdown was a given for you..... :)
still holding your shorts?
Ross points out that it's odd to be talking about a euro-pocalypse now since it's significantly stronger than a year ago. It's currently trading just under $1.43 against the dollar. In early June 2010, the euro dipped below $1.19 on .. you guessed it ... worries about Greece.
"I don't think people are more concerned about the euro now," Ross said. We were talking about dissolution of the euro last summer. It's the same problems as last year and the euro is 20% higher."
By Paul R. La Monica June 27, 2011: 1:30 PM ET
since then lower highs..and lower lows...
great rum.