REMEMBER: Markets can overreact
The Flag has been confirmed so next place for the Euro is the retracment level which is shown...........................(The Yellow Horizontal Line)..... Any random News out of Italy could cause a break out of the Bear flag formation........ So people who are short stay ALERT: Price Resistance level...........1.36816
Wondering why the Euro is still trickling up higher..... the 9th. of november was a monster day anyone and everyone was short and people are pulling out of short and at the same time people are buying the Euro to take advantage of the move going up to the next resistance level.........
Italy has made progress and
NOTE: Coal and some material names have lagged compared to the broader market not exactly sure but could be pricing in a possible dollar move higher and thus a lower Euro!!!!!!
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