Good Morning,
During the V3Go Christmas SPECIAL Event, held 2 days ago, someone asked me about the direction of Euro. My recommendation is to get out of Euro now. 2 days ago, Euro re tested the 1.50 level and hit a high of 1.5144 but the next day, it give back all the gains and closed marginally above the 1.5020 mark. Today, it seem to be resisted below 1.5020 level. Now trading at 1.4970. Although the Dollar seem to be weak but it doesn’t really warrant the Euro to be trading at this level. My take is that Euro may return back to 1.45 level by March 2010.
Nothing is 100%. Disclaimer apply as usual.
Kelvin Han
Originator of V3Go Mentoring Program
ps: Dollaryen already recover to 86.11 figure from the moment I called for a LONG. Now with the forex moving up first, I expect the NIKKEI to follow suit next week. I always believe the forex market will move first. WELL DONE!!
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