Friday, March 19, 2010
Euro Heading South
Here we see Euro is in down trend based on trendlines, and my indicators. Volatility has been ticking up but has pulled back lately. There is enough fuel (volatility isnt too high) in the tank for a next leg down, also we have not seen volatility spike to the point where we should weigh heavily on the possibility of the down trend coming to an end.
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