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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
Indeed USDx looks wobbly and tippy. But so does EURx...
EURCHF shakes off SNB intervention approaches all time low again.
I don't dare predict any EUR and USD crosses... because Ezone banks stocks and insurance and pension fonds DROP as a stone... that spells no good for EUR.
I trade GBPJPY NZDJPY GBPCHF... do not touch EUR and USD
..traders eye a confluence of tech resistance at the overnight high just above $1.4340,
moving averages and a fibo kick-in. Offers to $1.4350, stops above, flows modest..