Thomas
DeChastelain
Memorial Archives

A Look at the State of the Euro
posted Aug 25, 2004 at 06:04PM



Repeated attempts at the 125 have resulted in a chart pattern with a little H&S...no volume figures to confirm..but hardly bullish



120 is the key support level.



A break of support at 120 should lead to a significant decline. All in all it looks like it is in a bear flag formation.

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