Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: TobagoJack who wrote (7215)	6/11/2004 3:59:38 AM
From: Haim R. Branisteanu	Read Replies (1) of 116555

About accuracy and knowledge of established Money Center Banks offering views on currency trading. home.nyc.rr.com This report from June 8 and the attached graph is very telling about those people expertise - Deutsche Bank wrote in this report: The current target remains 1.2525. For today, intermediate resistance stands at 1.2380/90. A break there could prompt an upward acceleration of the recent trend. The risk-reward limit to the bullish view can already be modestly tightened to 1.2240.

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