posted by
ejc
345 days ago
in EUR, Technical, Daily
The EURUSD corrected to the 38.2% of the move down from May 1. Perfect correction. Spain banks have been rescued and it did nothing. Why not just tell it like it is? Why not look at Greece, and Spain and Italy and come to the conclusion that the EURUSD is going to 1.1876 (low from June 2010), or 1.1200 or even parity...more.