Wednesday, November 14, 2012

EUR/USD

This has been of particular interest, the 3C chart on the pair confirmed the move all day right in to the 2 p.m. highs, the EUR/USD lost ground there, which would put some pressure on the market short term/intraday, but its overall position being a good distance  above the SPX is what is meaningful.

So is this positive divergence in to the move down, because so far I believe every signal we've had on the pair since using 3C on it has been accurate.


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