Wednesday, March 17, 2010

EUR/USD Short


The Eurodollar is over due for a 3 wave break downward after its most recent correction identified in the daily and hourly charts below. Entry is at 1.3634; TP is at 1.3218. Fundamentally, I'm thinking that the Greece issue will spread to Portugal and Spain and they will need to be bailed out as well.  


EUR/USD Daily

EUR/USD Hourly



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