http://docs.google.com/leaf?id=0B74IMi--bRpKYTI0NjE3YzQtYjg1ZS00NDZlLWE
zYjAtZmU4OWM5MTgzN2E5&hl=en (No space in between)
The News that CHINA may review her huge reserves in Euro Debt /Bond holdings is ADDING fires and Fuel to the Weakening Euros!! The first casualty is the DJ/ S&P' S LAST WEAKENING CLOSING.
EURO/USD is on a Critical Pendulum Swing, now can be seen in the below chart. If you cannot view the chart, pls go to this link:: http://twitpic.com/1rcu8z/full
As there is still no sign of Imminent Intervention from ECB, Technically, from here,now at 1.2170, The pair should head South and break the 1.2100 soon, then exposes 1.2000.
To all traders, just be cautious on the Sudden Intervention from ECB.,Just keep your protective Stop Tight and maintain your Trailing Stop just in case for any unforeseen circumstances.
Happy Trading
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