This weeks news cans send this one on a roller coaster. Will post some entries later this week.
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Sunday, June 22, 2008
News will be the driver of this roller coaster
Looks like we have some pretty skewed news here with numbers coming out almost everyday this week.
The upper trend line looks like an easy target. Watch out for the fed making announcements on raising the inter bank rate, looks like an easy target in this inflation rich time period.
The upper trend line looks like an easy target. Watch out for the fed making announcements on raising the inter bank rate, looks like an easy target in this inflation rich time period.
Labels:
charts,
currency trading,
daily chart,
euro,
forex,
inflation,
inter bank rate,
support and resistance
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