I started shorting Euro's from the most recent breakdown from 1.50.
I've been a seller on rallies and recently sold some more on the breakdown from 1.40.
My profit objective is 1.25 (The Bottom Bollinger Band on the Monthly Chart)
The dollar looks very strong here, especially with Friday's 5.7 GDP.
In addition Greece and Portugal are weak.
I'm still a seller on rallies here.
Anyone have some Fundamental/Technical insight?
I've been a seller on rallies and recently sold some more on the breakdown from 1.40.
My profit objective is 1.25 (The Bottom Bollinger Band on the Monthly Chart)
The dollar looks very strong here, especially with Friday's 5.7 GDP.
In addition Greece and Portugal are weak.
I'm still a seller on rallies here.
Anyone have some Fundamental/Technical insight?