after today's push up even with good US consumer confidence data... it just tells me that correlation is on its back away and that wall street's risk aversion increasing producing Dollar weakness and therefore producing other currencies to top up... while this situations dont change, the down dips would be meraly corrective until we achieve a big supply area, for now.... this is at about 1,15 and you have another area around 1,17 which is the highest of the year too...
I dont see this coming down much, although volatility could make it achieve the 1190 tomorrow and push up as quick as today to the 1300 .
I dont see this coming down much, although volatility could make it achieve the 1190 tomorrow and push up as quick as today to the 1300 .
just watch and play with the levels