EUR

...eurusd breaks down into 25's...currently1.2580...

Technically, looks like a lot of room to run still on the charts...

1.3000 looks to be vanishing over the horizon from here..

digi..how many times have I told you' you can't take a zebra inside a bar.' http://www.kcrg.com/news/local/Zebra-Parrot-Found-in-Truck-During-Police-Stop-152634465.html

well chartastrologers are right 50% of times....but EUR is political not economical and OldPap knows that ...Merkel doesn't. Obama clearly sided Hollande, and even China PBOC critisized
Germany. Neither China nor US wants an Ezone economy slump. I bet we will see either ECB basically anouncing ZIRP or the EU announcing Eurobonds. Either way EUR will make moves no chart can predict.

Nope. You see Leftist-Pap today is in Berlin meeting with the Left to debate Gr stay in Eur but
150% haircut + 1000 Eur cash for all Greeks startup. Old Pap is angry about that and called we consider exit ... what is outcome? Merkel is out and done. VERY good chance for some 100 pips in EUR the next days.

...Someone's listening to Greek (former PM) Papademos warble Greece's 'very real' exit quoting estimated costs of E500Bn - E1Tn to the EZ.....time is running out...have the 'Elite' spooked the 'People' enough to tuck tail and submit to the austerity programs prescribed by their "new masters"? Or are they going to stand up, break loose and 'tough it out' on their own...(popcorn anyone?)

Speaking of which, Euro Leaders are (informally) meeting tomorrow to bang heads and steins, chew some baklava (& most likely drop some more aspirin/meds), and discuss where to ply the next wad of 'scotch tape and bailing wire' to keep the monetary union together

eurusd drops around 50 pips...see how much of a correction we can get here before continuation....next stop 25's..