I'm not quite so eager to write it off just yet. We have a number of events coming that may influence things greatly. Plus there are the unspecified 'actions' that the E Commitee keeps alluding to??? Possibly loan guarantees or asset purchases.
Also, keep in mind that much of the Euro's value seems based on a comparison with Cable. After carefull consideration, keeping in mind that what the zone won't do for Greece, they sure as heck can't do for Britain and Ireland...., therefore, I find the Euro to be "The lesser of two Weavils"..
Also, keep in mind that much of the Euro's value seems based on a comparison with Cable. After carefull consideration, keeping in mind that what the zone won't do for Greece, they sure as heck can't do for Britain and Ireland...., therefore, I find the Euro to be "The lesser of two Weavils"..
Dislikedhere is my euro predication for next few weeks based on zany movement....
follow the red line
this is a new trading theory called the insanity theory only will be seen when eu goes into 25 pip range
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Ah Luv the smell of a good prediction in the mornin!