Monday, July 04, 2005

Eurocurrency


As you know I have been looking for an important low in the eurocurrency ever since the market reached the 122 handle. I am not giving up on this yet! Look for a low near the 1/2 division point of the current box near 118.95. Once the market turns upward by rallying more than 190 points (a full box) it will probably continue upward into the 125-126 range.

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