graham.edwards84

USDEUR Fails to repeat pattern - monthly outlook

FX_IDC:USDEUR   US DOLLAR / EURO
18 0 0
Will USDEUR             fail a second time? This one seems to really be counting on a catalyst to propel it to the upper range again. Seems to be running out of momentum. Does it indicate a weakening US dollar             or a strengthening Euro?

My feeling it that it will surprise us again to the upside, due to it following the rising black trend lines . But we'll see soon enough. A fall lower would help the case for rising gold             prices.
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