Getting Ready for the Advancement of Euro Crosses Amid Bearish Extremes??

In view of the relatively calmness shown on today Asean Markets, and last night positive/mild reversal on the US Equity markets, Added with additional  MEASURES going to be imposed into the Markets by Europe, with the possible joint US/EURO pact with the coming visit of GEITHNER to Europe today,  the atmosphere for Reversal of Euros crosses may be in the near horizon.

Just monitor and tracking the Technicals/other data/info, may help to hint  the right timing.

As traders, we must not use Crystal ball to make prediction, A Gambler will do it instead,., But we would rather base our judgement on Technicals, Fundamentals, Market Sentiments, Vix Index, Risk aversion Sentiments, Market Fear and Anxiety , including Political and Marco Economic of the major trading nations

JUST DO BE REMINDED, TECHNICALS AND FUNDAMENTALS ALL SHOW THAT EURO/USD IS  AT ITS BEARISH EXTREMES, ,IT MAY BREAK THE 1.2100, AND NEXT EXPOSES BELOW 1.2000 SHORT TERMS !!

Only basing on Technicals, The Ichi cloud bottom is now at 1.2365, so the up side should.be limited, and the Resistance at  around  1.2388 still holds. Wait for opportunity to sell high near the resistance at 1,2388 short terms. ***Warning:- --This is a purely Technicals, be cautious on impending Further Euro INTERVENTION measures which may change the OUTLOOK of the chart completely,   Keep your position and leverage Low with Protective Stops)   NOW IT IS TRADED AT 1.2280......



Will make new post on any solid Development,

Happy Trading