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 EURUSD Ready for Another Leg Down if the S&P 500 Catalyzes It

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john

john

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EURUSD Ready for Another Leg Down if the S&P 500 Catalyzes It Empty
PostSubject: EURUSD Ready for Another Leg Down if the S&P 500 Catalyzes It   EURUSD Ready for Another Leg Down if the S&P 500 Catalyzes It Icon_minitimeThu May 19, 2011 1:19 am

EURUSD Ready for Another Leg Down if the S&P 500 Catalyzes It






The critical support we were
watching on EURUSD collapsed under the weight of US CPI, European GDP
figures and a subsequent risk aversion trend. However, fundamentals warn
that this move may not last without the proper support. What should we
be watching and how should we be positioning? Tune in to find out.

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