claydoctor

EURUSD and the 200/2001 crash close up

FX_IDC:EURUSD   Euro / U.S. Dollar
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From the previous chart, a close up. Note the USDJPY pair and its pivot on 9-10. It had reached huge resistance level, and then broke to the upside, while EURUSD was trying to break out of the trend line resistance, and broke down, back into the triangle, to consolidate, while whoever was manipulating the dollar strength at that time finished their deeds. And note the green vertical line of 10-16-2000, where the EURUSD PAIR bottomed and the SPC500 finally broke through its 200 day ma for the last time, heading down after that AKA THE MARKET CRASH OF 2000.
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