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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
Reuters : the euro fell to a session low versus the dollar on Monday after comments from German Finance Minister Wolfgang Schaeuble saying the EU summit would not present a definitive solution to the euro zone debt crisis prompted investors to sell the single currency.
Selling continues .
re my earlier view looks like E fell thruthe 3816 level perhps now for 3700 and below.
but 4 hr model not short yet for validity
1 hr not short yet.
stay tuned
any views?
appeared in FT Alphaville .
1 hr not quite short yet but indicators down
perhaps a short below 38 for sub 37.. 30 pip stop
or bounce at 3816 for higher 40's as AL suggests
too early...