Wednesday, January 20, 2010

Euro Gaps Down Below Its 200 Day Moving Average



Yesterday I wrote about how the dollar was positioned technically for a rally and today we saw the dollar move sharply higher taking the Euro down below its 200 day moving average. The next support area for the Euro comes in around 137.50 to 138.00.

Posted by Kevin

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
Money-Making Ideas

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites