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MarcinO
Rep: 67
Posts: 5,506
I had to update my areas for the Euro. It hit quite a confluence at 1.1175 and may need some time before going down again to 1.1090, for which the best timing factor is on the 3rd.
Two areas are based on flat and DB ABCD - 1.1245 and 1.1280.

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6e 2015 03 01 png
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jimkane
Rep: 3,058
Posts: 33,089
In the old days I'd worry, since historically this has always been worth watching. But, as we head to Dow 43,000, what's to worry about...








Source: http://www.zerohedge.com/news/2015-03-05/peak-bull
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MarcinO
Rep: 67
Posts: 5,506
Euro at 1.0930. It may need a rest somewhere in here.
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MarcinO
Rep: 67
Posts: 5,506
It did... for over an hour

Current LOD is at the very technical spot given by long term lines. The correction might reach 1.0920 (a backtest).
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rat89
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Posts: 7,015
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screen shot 2015 03 05 at 12 26 47 pm png

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screen shot 2015 03 06 at 2 37 25 pm png

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screen shot 2015 03 06 at 2 53 58 pm png
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jimkane
Rep: 3,058
Posts: 33,089
Nice stuff, crew.
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jimkane
Rep: 3,058
Posts: 33,089
Euro: Die, pig, die!
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jimkane
Rep: 3,058
Posts: 33,089
Armstrong: "The Euro will make a new historic low under 82 cents which was the 2000 intraday low."

Source: http://armstrongeconomics.com/2015/03/06/the-euro-destined-for-80-cents/