GBP breaks to top of range and whilst stays above 1.54 for long, EUR also reaching top of the bottom range, failure at current price should cause another mid-to-short-term drop
AUD supported so will have to see the extent of any drop caused by other sell-offs and see how liquidity is redirected
Monday, 12 April 2010
Thursday, 1 April 2010
∑ GBP or EUR short brewing, UJ rises to just under 94
have reached kind of pivot point B in an ABC move, where the destination C may be up towards 1.6 or back down... 1.4 could be final area for bears
UJ rising to new high, may have set new bull trend and may leave GU and EU churning in range or further fall in longer time, but now also presents shorting opp
UJ rising to new high, may have set new bull trend and may leave GU and EU churning in range or further fall in longer time, but now also presents shorting opp
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