Tuesday, July 15, 2008

Euro Currency Tests Resistance



Today the Euro tested major resistance but was unable to push through. I've been bullish on the Euro and actually bought this currency a few weeks ago. I think we will see new highs for the Euro and Swiss. Patience!

4 comments:

michael said...

kevin, what are your thoughts on the fxy (yen)?

Kevin said...

Probably higher but I'd rather be long the Euro or Swiss

banman said...

Hi Kevin,

It looks like the Canadian dollar just broke out. Can you confirm this in an update please.
Thx
Chris

Kevin said...

Hi Banman,

The Canadian Dollar did not break out.

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