Thursday, January 12, 2012

euro/ dollar

The dollar is  at an important level. This 2 year daily chart shows it as the value high of a composite structure.

Commercials would look at it as risk off in all equities once it breaks above that level.



The much maligned euro on the other hand is going downhill and firmly below value low on the 2 year scale.



1 comments:

manu said...

amazing..c d vol area on the left..

no spoon feeding required