EURUSD Ready for Another Leg Down if the S&P 500 Catalyzes It
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john
Membership NO : 1 Posts : 1672 Join date : 2011-03-27
Subject: EURUSD Ready for Another Leg Down if the S&P 500 Catalyzes It Thu 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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