Tuesday 14 December 2010

€$ & USDX












We have held at 79.00 on the March 2011 DX and €$ has failed at 1.3500. Today will reveal for me if we still have an intact US$ reversal or we are going lower /Euro higher.
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2 comments:

  1. Ai14 December 2010 at 13:49

    EURUSD is definitely going higher. Currently I'm stalking it to see if there is any sign of reversal. I'm current buying since Monday, 13-Dec from 1.32287. Are you buying too?

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  2. Cordially Yours17 December 2010 at 12:46

    Hi Ai Shiang, Overall/long term i am bullish for the US$ but that does not mean that we will not see opportunities for long Euro positions. We seem to be stuck in a trading range
    where we will probably stay until after the Xmas/New year holiday.

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