Wednesday, May 5, 2010

The Euro Story.Update..

As anticipated yesterday, it did not take support at 1.2980. The Closest level, of a possible support is at 1.2887 . This is a point, where, 3 times it is taken support / resistance as shown. So expect a sharp pull back from here… It might be pretty quick. The question of if it breaks, can be seen / answered if this level is breached.

 

Will it take DOW upwards sharply? Quite possible overnight…We will see…

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES