Bernanke speaks

27 April, 2006 (21:28) | Journal | By: Colin McGinley

Bernanke’s talk today caused a sharp euro rise, when it was expected to cause some slight dollar strength.  Grid has been raised to 1.22 - 1.26.

I have been waiting for dips to do some buying, but all dips over the last few days have been very brief, and since I did not notice or catch any of them at the time it seems I am still all square.

EUR-USD chart

The wait continues for some pullback…

New median gird looks like this:

EUR-USD chart

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