Okay, I’m getting nervous about this move in the EURO(FX). The UPTREND that was initiated on Sep 13 at 1.2876 is now over +1050 pips. The latest move (the one from 1.3883 down to 1.3800 and the subsequent move up to the current levels) is demostrative of the potential explosive downside. Remember, it was in June that prices hit the upper 1.1800 level and now, three months later it is now in the 1.3900 level is extreme, I would say. The Dow Index intiated an UPTREND Sep 03 at 10447 as of yesterday is over +500 has a much better Stochastics to deal with than the EURO(FX)[which is now “LOCKED”].
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