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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
yes.... expecting current rally ending very soon....
either 4370/80 or 4450/70 would likely be the top for correction down to 3900/50...
i'll be adding shorts at 4370 and higher(if ever) at 4450....
the entire move from 1.30 is all "hike"
i'm with you on that one.... buy the rumour... sell the fact.... i'm hoping for a rate hike as expected..
i think 4280/4300 will hold until ECB decision tom....
2 possilities....
1) pop up to 4450/70 b4 heading lower....
2) if 4370/80 caps any further upmove and break of support(4274) would trigger move south....
break below 4150 would signal rally from 3428 ended and correction down to 4000 then 3900....