[Archive] FOREX - Trends, Forecasts and Consequences (Episode 9: November 2011) - page 170
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0 1.3550, I said yesterday, as a level after the passage of which one can only speak about medium-term buying.
Or short-term sales from it, because it is not certain that we will pass it at the first attempt.
Or short-term sales from it, because it's not certain we'll get past it the first time.
Agreed, met resistance on the minutes....
Or short-term sales from it, because it is not certain that we will pass it the first time.
Now on the eu TA won the FA. A month down (who was buying - them) and there was such a situation! was well seen in the Italian bond offerings of 29.11. - the crowd didn't fall for the optimism! What will they do? (Maybe they will close with a loss and the crowd will win!) - wait for it - intervention!
It will rise until the crowd starts buying.
There will be plenty of opportunities to sell, don't rush to 3520 yet, that's where you need to sell from.
Up to 1.33-3250, no more. And that's if there will be a sale from there.
Here's a hunch that it will be the same as 9 August 2011.
It would be cool to bring back the August 'zebra'!
It will be a lot of opportunities to sell not rush to 3520, from there it is necessary to sell
The main thing is to get to it in time, otherwise the trade flow may be already occupied by someone else, although the news is silent,
too early.