Monday, April 27, 2009

Got the break and retest of lower Trendline.




Short EU @ 1.3120 Target 1.3015. Now that the world is concerned about the swine flu, risk aversion is lifting the dollar up. T-bills are up this morning and the dollar has made some hefty gains across the board. The daily technicals are pointing south and price should probe that lower trend line which corresponds with my target of 1.3015.

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