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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
no confirmation of bottom so far on 4/8 hour timeframe also..
Monthly suddenly not looking supportive for Euro bulls ATM...
the only thing positive for Euro bulls is the fact that 2750/70 support still intact so far... :)
AL just might change his mind by end of this week or early next week about his 1.34/35 target by this month... :)
gl/gt
IGGY,
bounce to 1.31 is still a good possibility so far... or even test of 3250 level(as long as 2750/70 level holds)....
but clear break and weekly close below 2750 would likely see only few deadcat bounce... if any... imo
gl/gt
all righty then , I ll bring the big bottle of the Mountain Gay Rum , we ll have good fishing
lookin to this herb farmer like 200DMA springboard back to 3100..level nobody mentions..6-10 days..
paired now L E/$ L $/swish
still holding euro/aud sh aud/jpy L.....
gl gt...big moment USA tomorrow...
Jamdown witch doc callin R. win..
need clear break above 3250... once it settles above 3250.... i see bigger rebound toward 4000/4200 for 2013... but as long as below 3250 level... prefer shorts.. shorts would still be in control... downside target of 2300/2350... if continuation lower.... then i see 1.1700/1.1800 for Euro in 2013... b4 any significant bounce...
gl/gt
do you opt out1.35 for 2013?
(IF) Euro settles below 2750 level... we could see 2500 level within the month.. once it settles below 2750.. my target currently runs around 2300/2330 level.... by end of the year... :)