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Strategies & Market Trends : LET'S PLAY IN THE FOREX..AND NOT GET LOST! -- Ignore unavailable to you. Want to Upgrade?

To: Grandk who wrote (191)	7/15/2007 7:58:23 AM
From: RockyBalboa	Respond to of 247

Thanks for the apprechiation. By the way, EUR / $3 seems as far fetched as Gold at $2000 or Oil at 200. That said a secular trend is hard to break and can run for years. An easy back of the envelope TA (considering the old high, consolidation to 1.18 and subsequent run) puts the new peak for the EUR at slightly over $1.50. Having cleared old resistance levels at 1.36s the path seems to be paved now.