On March 21 I wrote that the Euro/USD was at a double resistance level...well, it seems to have held, even after this large move we had higher in the pair. Now, I have ferlt that we were going to correct (thankfully) BUT the qustion still remains, will the Euro continue lower?
As you guys know, I wasn't a big fan of Trichet's conference, and you have to wonder if they are hiding something, based on his games the other day.
Lastly, I did purchase those additional puts on gold...unless I am very much mistaken, this break in support is real.
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