Wednesday, January 06, 2010

Euro Currency - Bear Flag



Last month the Euro dropped quite a bit and is now consolidating forming what is known as a bear flag. A close below the trendline will confirm the pattern and suggest further weakness. A move above last week's high would negate the pattern.

Posted by Kevin

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1 comment:

fishonhook said...

Kevin- sounds like you are becoming more bullish again.

11:29 PM

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