EUO - will it pullback?

    Posted by frtaylor on 10th of Jan 2011 at 09:43 am

    EUO is holding at the 200 ma. I sold and am looking to re-enter on a pullback. Matt, do you still think it'll pull back? Seems like it might just power right thru?

    The Euro hit my 200

    Posted by tommych on 13th of Jan 2011 at 12:24 am

    The Euro hit my 200 period moving average target on the 30 minute chart. If it is going to top out here, I am expecting a small dip, followed by a retest of today's high.

     

    My 30 min Euro (FXE)

    Posted by tommych on 12th of Jan 2011 at 09:23 am

    My 30 min Euro (FXE) shows it dropped below the lower bollinger band (oversold). If it follows the same pattern from Nov 16th/Nov 30th, then the Euro should bounce to the 150 period ema (currently at 130.5)/200 period ma (130.8).

     

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