A 2 year chart of the Euro/Dollar is shown on Right Side. Notice how it deteriorated since last August. This morning, it was falling and is now $3 away from its recent low. A break below the $123.27 low would be have a very bad prognosis for Europe, its banking system, and its economy.
Tuesday, February 17
2 year chart of the Euro/Dollar
A 2 year chart of the Euro/Dollar is shown on Right Side. Notice how it deteriorated since last August. This morning, it was falling and is now $3 away from its recent low. A break below the $123.27 low would be have a very bad prognosis for Europe, its banking system, and its economy.
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