Tuesday, July 15, 2008

Queen Elizabeth II strips Mugabe of knighthood - Euro takes the crown!


The euro is creating a nice crown pattern after the recent high at 1.6037. What strikes me more than this charming crown pattern is the Aussie support trend line i was watching earlier! If the Aussie can break below support and London traders carry out this crown pattern we could have two trades setup in the firing sights of currency correlation.

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