The Euro is at 1.3275 as I write this and I think chances are high that we are at a near term top. Intra day reversal could come in here rather sharply or from slighly higher levels on Tuesday or Wednesday at around 1.34.
This one could be very vicious.
3 comments:
What are your thoughts on the wheat situation?
Would love to comment intelligently on that, but the truth is that I got caught unaware on that one. I am still trying to backtrack and see if it has been priced into the wheat prices. Greg might be a better person to ask.
http://americanenergycrisis.blogspot.com/
Reversal indeed!
Coal Guy
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