Technical analysis of Major Markets, F/X, and anything that can be traded
This is my diary for trading
Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
Wednesday, May 27, 2009
euro gbp in for a big move?
BIG triangle..measured move from a break downside would be to 0.7660
about 1.30 € to pound...
good for pensioners and £ earning ex pats!
CONVERSELY a a failed break and a rally back up through the descending trendline may mean parity on the cards again...
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