Eurusd

 

I see the EURUSD going down within a month and half. We may be looking below 1.32, the mess with the PIGS, will come back to haunt the Euro. The USA will start picking up steam, thus their dollar will rise against the Euro. However for March 27 2012, I see a bit of uptrend before the profit taking.

 

In my view - Its time to sell euro and my short term strategy would be as indicated in chart.

Files:
EURO.png  163 kb
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