The Euro moves like that, either when things are really bad or when there is a well-defined target. Let's assume that if the regulators have spelled it, the target will be a round level, probably 1.28, which means that the price will probably go below that level.
As such, only large banks work at such moves, and they had somewhere around 1.28.
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It is clear without the picture that you are referring to the moving support from June. Maybe that was the target, we will see tomorrow.
Anything can be on trend and the euro positive and the quid negative for now.
But I don't believe in that either, that's why I say that tomorrow we will see. Maybe something will bang and the price will fly upwards.
It's the kind of correction that happens quickly between the slips.
Do you have any francs on the cohort?
things are moving fast...
it's because the analyst a---ri on the 6th went on holiday with the words "06.08.2010 The calm before the storm"...
it all started :-)))))))))))))))
it's because the analyst a---ri on the 6th went on holiday with the words "06.08.2010 The calm before the storm"...
it all started :-)))))))))))))))
That's the picture.
The Euro moves like that, either when things are really bad or when there is a well-defined target. Let's assume that if the regulators have spelled it, the target will be a round level, probably 1.28, which means that the price will probably go below that level.
As such, only large banks work at such moves, and they had somewhere around 1.28.