Monday, September 12, 2011

Euro is in trouble.


This week is going to be worse for euro, we are sitting comfortably with our profits intact (selling euro).It has moved almost 1000 pips lower in last 10 days and has taken out pretty much all support levels and at the current rate it may tumble to sub 1.30 levels within 72 hours.
For today markets are going to be ugly, even gold won’t be a safe bet. We expect gold to fall at sub $1800 levels.

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