Tuesday, December 22, 2009

Euro Currency Update




The Euro continues to fall and is rapidly approaching the one third retracement level of the bull market which began last March. I've been bearish on this currency since the beginning of this month based on technicals. You can read that post from December 6th by clicking here.

2 comments:

Don Chin said...

Yup, 1.40 is a nice support to go long imo. Well, just have to be patient.

Forex Educator said...

Good call. Where is bottom in your view?

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