Tuesday, November 13, 2012

Comments by @JimIuorio on #Euro #Currency

Comments by @JimIuorio on #Euro #CurrencySocialTwist Tell-a-Friend



Attached is a 30 day chart of December Euro Currency.

Although we still have a bearish sentiment, the relative stagnation over the last 2 days is disconcerting.  At this point, if we get a settlement above 127.44 would cover    
HALF of short position.  With current equity market weakness, we believe that old highs of 124.70 are a reachable objective on the downside.        
                                                                                      
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Posted by Hamzei Analytics, LLC at 11:50 AM

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