Thursday, December 18, 2008

EURO Going Gang-Busters...So Is The USD/CHF!

Wow! I never thought this morning that I would wake up and see these two pairs making such a quick move back to their 200-day moving averages! It's almost unheard of for these to make such drastic moves so fast, but here we are. Take a look at the charts which look insane.
Once these pairs find support they are going to snap back fairly fast before making the move back down again. Let's all be on the look out!