RiccardoAnnoni

Markets are falling down

FX:GER30   DAX Index
0
After Greece is grinding down DAX, we see Yellen is trying to devaluate USD by means of talking stock market is too high nowadays.

Add that Friday is NFP's day and that 12th May Greece will have to pay back 700m EUR to FMI.

Two good reason to take a break and wait to reenter market at a bargain price.

BTW EURUSD will go 1.15 and I will sell from there at the first bearish pattern that occurs.

Cheers
R

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