The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: maceng2 who wrote (22826)	9/22/2009 8:16:09 AM
From: RockyBalboa	of 71456

Looks as if we get a huge gap at the opening; gap & crap? When the EUR traded up to 1.4820 earlier today, I saw something weird. Someone moved in bidding with 100s contracts on the DX future around 76.25, was possibly covering. However, this alone spooked the market enough and the EUR has not seen this value again but the propping petered off since. The EUR again corrected from 90.70s vs the pound, the air is a bit thinner at these levels. I have put some rulers on the chart and the parallel channel would imply a target of about 1.486 to 1.488.in the inner of the channel there are lines indicating something around 1.474.

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