Posted Jun 12, 2013 by Martin Armstrong
Today fulfilled a possible high being up 17.2 days. The Euro on cash reached about 13358. The major resistance stands at 13485, The Euro volatility should now start to rise again. We need to see today’s high exceeded both intraday and on a closing basis to suggest further upside gains. Critical weekly closing support lies at 12910. We have a minor Weekly Bullish standing at 13433. A daily closing below 13300 will signal the uptrend is starting to turn neutral.
We will have a more in-depth report shortly.