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!

Posted by Kevin

4 comments:

Anonymous said...

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

8:14 PM
Kevin said...

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

9:10 PM
banman said...

Hi Kevin,

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

4:14 PM
Kevin said...

Hi Banman,

The Canadian Dollar did not break out.

9:50 PM

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