05:28 2006/10/06
Euro about to explode higher
The attached chart shows the EURUSD weekly chart and the expected move to 1.3500 in the next few weeks. The classic bullish pennant and record low volatility means a breakout higher is very likely, with the target price roughly 1.3500. This move is likely to be explosive and dramatic, taking many by surprise and triggering many medium to long term stops and options barriers in the process.
More information and daily signals at www.forex618.net
|
Printer-Friendly Version
Send This Page
Add to Favorites
Comments
News RSS Feeds
