17th May - Dollar Euro end of the first leg
17 May 2012
TECHNICALS:
WEEKLY CHART
The weekly chart shows how the market retraced back to retest the neckline when the big H&S finally completed.
Note that there is still long way to go…
DAILY CHART
The small H&S pattern which completed two week ago has achieved much of the expected move.
We are profit-takers here and on a close approach to the pivotal low at 1.2628
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17th May - CRB Index Breaks Key Support ![]()
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10th May - Crude Oil Slip Gaining Momentum ![]()

