Tuesday, March 30, 2010

Euro Resumes Slide

click to enlarge
After retracing 50% of the last leg down, the Euro is resuming it's move down.
There is a big cluster of intermediate and long term support at the 1.29/1.30 level, see 
Euro Targets , so what it does at that point will be very interesting.
Additionally if this next leg were to equal the 1.3820 to 1.3250 move, it targets 1.2988 from today's high of 1.3538.

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