quick thought on the euro
February 18, 2010 at 08:34 AM EST
The 100 day moving average of the dollar index has started moving up, and the 200 day isn’t far behind. This means futures based and other trend followers will start piling in, depending on their system parameters. With the dollar index 57.6% euro this will but serious downward pressure on the euro for purely technical reasons. questions: [...]
