It seems that all the discussions concerning Greece are meant only to send the Euro up... Nut we will see.
1.1225 and 1.1125 were obvious tests of key lines.
My next level is around 1.1280.
MA
MarcinO
Rep: 67
Posts: 5,506
And I believe there is a very good reason to send it below 1.0750. At least this or maybe next week.
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jimkane
Rep: 3,058
Posts: 33,089
The ES sure 'sees' this area. I wonder if it will come off it when the Greek parliament votes no on the 'bailout', or if it will explode regardless. It's time to come out of this range going back to at least Feb, depending on how you look at the starting point. My strong preference is to the downside, but we can't always get what we want...
JI
jimkane
Rep: 3,058
Posts: 33,089
The low today was right at an area obvious area. I think it was a nice area for a trade. Pretty straightforward intraday trading stuff, in my opinion.
MA
MarcinO
Rep: 67
Posts: 5,506
Subaarea of this grouping around 1.09 is at about 1.087. We will see soon. But if that level fails I will expect another 200 pips down.
Originally posted by MarcinO
1.09 hit. Time for some correction?

