Wednesday, 17 February 2010

Reversal underway part 2

Well support and resistance levels have been broken, ma´s broken but...  there  really  hasn´t been  much in  the  way of significant follow through as yet in the currencies.

Most notable though is that even with Crude, Gold and Silver having surged higher on the Dollar  weakness.. The Aussie and Canada are barely changed perched at there respective highs... ;Maybe just them waiting for the others to play catch-up..

Looking to buy 1/2 unit Eur/Usd on a close above the hrly 220 sma  and add 1/2 Unit to our 1.0785 Usd/Chf short on a close under the hrly 220 sma.

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