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To: snowsislander; ReadyNow; Dr. Marten; Gamecock; Deetes; konaice
- Presenting the Euro currency chart -

(What goes up must come down)

source

10 posted on 06/03/2005 1:21:47 AM PDT by M. Espinola (Freedom is never free!)
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To: M. Espinola
That chart is looking good. The only sad thing about it is I was in the europe when it was about at its high.

The euro is hated by a lot of people over there, but backing out should be interesting ......

Long dollar !!!

14 posted on 06/03/2005 1:32:26 AM PDT by Deetes (God Bless the Troops)
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To: M. Espinola

Just looking at that Euro chart (as a an amateur investor who will never do currencies or futures), doesn't it seem like there is an 8-cent interval between critical support and resistance levels? (1.18, 1.10, 1.02, .94, .86, then back up to 1.18, 1.26, 1.34) I wonder what will happen when it tests 1.18 and then 1.10


36 posted on 06/03/2005 4:26:16 AM PDT by wildandcrazyrussian
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To: M. Espinola

That graph in reply 10 is pretty striking. Economics and currency trading are not my area of expertise, I'm an engineer. What is it that accounts for the cyclical sawtooth pattern that has a nearly constant period of four months? Is it natural or is it forced?

BTW, Viva Italia!


39 posted on 06/03/2005 4:45:20 AM PDT by Jack of all Trades
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