Hi Trout!
Actually, from what I see on the longest term charts it looks like the Euro could rally all the way to the monthly downtrendline at around $38 couldn't it?
Although I must admit it looks like heavy resistance right here....after these last few days of rallying...
I don't know if the Euro and the Dollar really mirror each other so perfectly like they used to since we have so many complications with the Yen and such these days anyways....
BTW I wonder if it's coincidental that the stock mkts might have temporarily bottomed today? Just look at that 'v' bottom we just had in the S&P
Hmmm....