John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (2580)	8/9/2000 1:34:28 PM
From: John Pitera	Read Replies (3) of 33421

Here is the daily Euro/Yen Cross chart geocities.com as we can see the euro has been weak against the yen the past 10 days but we are now down towards the bottom of the channel. With the economy improving fairly dramatically in europe we could see the euro outperform the Yen on the cross and ultimately a euro rally to the .98 to 1.01 area against the dollar. We could see a euro retest of the may 4th and 19th lows at 88.70

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