Here are my EUR/USDDaily Chart , LONG ideas, based ON RSI , support & resistance with out any more explanation. Checkout my previous chart challenge of 1.40 before 1.20. It's about QE and more QE .
Ok that's it.
December 27 on my $EURUSD chart which I made a month ago is now at an inflection point. We'll see if it continues up from here or not. Balance this with some EU correlation if they follow the FED or not. Expect some pull back to a fib from the knee-jerk reaction today - then back to QE. "They've" got no Choice unless they are willing to send the markets down. This is the only choice the FED has. Now ask yourself who are "these guys" working for? Follow the money! Time for "them" to think up some new buzz-word names for these... Printing Money, Injecting Cash, Helicopters Drops, Green Shoots, Quantitative Easing, QE1, 2, 3... infinity, Taper or not to Taper, Partial Taper..." Follow the money folks, or rather follow the money "people".