Thomas
DeChastelain
Memorial Archives

A Quick Look at the Euro
posted Sep 22, 2004 at 07:29PM

Daily



The bullish spin is that the XEU is "consolidating" gains. 120 remains significant support..with trend-lines there to warn those with twitchy fingers.

Weekly



Not the most promising chart pattern. The XEU needs to prove itself. Any vigourous movement south should be taken
seriously.

Gold/Euro Ratio



Gold has been outperforming the Euro..so hopefully there will be a little reaction time for longs in case the XEU keels over.

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