I say that is a head and shoulders forming there and that we most likely will break that steep trend line going down for a bit, although there may be a bump up first to complete the right shoulder... target low 1.4500s and perhaps more down after that... for right now, I don't see the 1.50 being hit just yet...
DislikedNice chart Cesar. Clear, simple, and to the point. The way I like my charts.
No big data until Thursday, but this may be the time Euro is headed back up towards 1.5.
I would like more of a dip first though, to add some small long positions.
Is it just me, or does Posh Spice look like an alien now?Ignored