EURO REACHES THREE-YEAR HIGH AGAINST DOLLAR — THAT’S GOOD FOR COMMODITIES

EURO REACHES THREE-YEAR HIGH ... Yesterday's message showed the euro on the verge of a new three-year high. The weekly bars in Chart 1 show the eurozone currency achieving that bullish breakout in today's trading. I also mentioned yesterday that a move above 1.20 would push the common currency above a long-term resistance line. That's the red line Chart 1 which is drawn...

Leave a Reply

Your email address will not be published. Required fields are marked *