Saturday, September 25, 2010

Euro: Remember the Gartley ?

We've reached the first group of Target-Zones. If we move further from here we also enter into a more bullish RSI - Zone above 60-65 which would be a change of character.

If we flip here then we would have seen a textbook - all within the boundaries of the Zones - relief move from a massive Exhaustion (RSI of 18 on the weekly !).

This is a crucial crossroads!

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