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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (24520)11/20/2009 12:12:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71426
 
Right, the pound had a similar behaviour recently, but then the squeeze ended.

I paid a look at the EUR 6-mo chart. while the general trend is still not broken it forms a kind of rounding top right to the first spike above 1.50. It is not down much but the number of red candles is increasing.

If it does not hold here 1.4725 or so should be tested. Showing lower highs recently. Tired?