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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (6371)6/2/2005 8:27:12 PM
From: c_hl  Read Replies (1) | Respond to of 12411
 
By using the same method to euro, the big down wave started on 3/11. Euro is now in the vertical zone and has one more day left. It could end anywhere between 1.2-1.24. So I would wait till tommorrow.

Even euro break through the down spiral, I guess it may not reverse, just consoliate a little bit before heading lower. The down gap on Tuesday is way too big to be filled anytime soon.