Friday 12 June 2009

FREAKY FRIDAY: DOLLAR IS TOAST?



I tried to take advantage of the H&S that looked to be forming on the daily but got burned...were is the EURO going?
We have made higher highs and higher lows in the last 4 days...so no surprises if this continues.
The daily trend is up for sure but it looks pretty aimless at the minute....if PA stays above 1.4150 then possible double top scenario.

Dollar really looking like toast....one way traffic today me thinks...will probably sell dollar against a commodity currency or GBP.

let's see...


Enjoy your weekend and Happy Pippin

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