Double tops are where it's at for the EUR/USD. Check out this one that occurred shortly after the go time:
Past performance is not indicative of future results
In equities, we are seeing similar action to last week. Triple digit moves on the open and then some sideways/retracing action.
After two days of trading, 100 points down and 100 points up. The markets are digesting lots of news and data from earnings. The economic calendar picks up on Thursday as well with Bernanke.
One last thought, the New Zealand economy must be doing very well!
Past performance is not indicative of future results
Happy Trading and Be Environmentally Cool
Coach Brian
Currency trading is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose.
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