Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius


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Monday, April 16, 2012

EURO daily

The €/$ (EURUSD) is hovering at support near 1.30, TRIANGLE or Head n shoulders?

Similar to COPPER chart in that we could see a false break lower, followed by a strong rally...

Or  a move lower and test of the lows at 1.26

break though neckline or triangle lower boundary , target is 1.2550

Break through upper boundary triangle , target is 1.3790

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