Friday, June 29, 2012

Euro Just Pips Away from a Short Term Top (EUR/USD)

Currently 1.2679.
With the jubilation coming out of Brussels, Berlin and Athens the short squeeze has had a lot of power but we are nearing the June 15 and 20 resistance.
From Alpha Global Investors:

See also June 18ths:
Chartology: What's Up With the Euro?
ehich highlighted the May 2 bottom and trend reversal