Comments on the chart
Comment:
Dollar Index did not fall today but is up a smidgen. Is this the beginning of the basing process that will keep 92.00 safe? Only time will tell...
Comment:
Price fell today. However the falt today was not as disastrous as previous days. I think the basing is continuing. I am still looking for 92.00 to hold
Comment:
This week saw the $ move up a bit however price, imho is still in a bearish funk right now and while we can see a bit more upside it would be just a retracement. And the downmove will commence soon
Comment:
we had an upmove today. However this is a retracement imho. This retracement could still continue but I believe it will be limited.
Comment:
Price is trying to hold and bounce off the green area. Too early to call the bottom
Comment:
Nice move up today. A retracement imho. soon the true trend will re-assert. Cant call the bottom yet
Comment:
The daily chart may be hinting that this upmove, which looks like a retracement, might be or has already come to an end. If this is so then the euro should rise strongly this week