[Branch closed!] EURUSD - Trends, Forecasts and Consequences (Episode 4) - page 290

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And where are the waves, it seemed to be going well
As always when there is pronounced movement. We got waves and chaos, and Elder Momentum, and probably other strategies... and now we wait for what Trichet has to say. He can break the whole TA with one word. Unless, of course, he plans his speech based on some strategy.
My guess is that we have 1.4240 to 1.4250 to go up before the end of this hour and then down... to draw a diver on the 4H... We have it on the hour, but not on the 4H... that's a mess ))))))))
Well, if it hits the high of this watch, then up... no matter what Trichet says.
2011.06.17 00:02:02 *Trichet: Economic growth in the Eurozone since Q3 2009 is encouraging
2011.06.17 00:02:58 *Trichet: The euro has certainly proven successful as a stable currency
2011.06.17 00:03:32 *Trichet: It is very important to keep inflation expectations in check very well
It's a bit early for him to speak out. Or will there be more?
It is the clear position of the European Central Bank that a Greek default in any form should be avoided, as should any action in the Greek crisis that would spawn a credit event, ECB President Jean-Claude Trichet says in an interview to be released Friday .
Trichet tells the British newspaper The Times that the ECB is not making any decision on whether or not the private sector is involved in the next step in dealing with the Greek debt crisis.
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But this is an interview, not a press conference. Definitely a conspiracy. Either the Times leaked it.
As I thought ...
Price got to 1.42130, I closed in the plus side and price reversed ... So, a new downward trend?
As I suspected ...