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Yes on both counts. Bad news from China

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Growing numbers of U.S. businesses say they feel unwelcome in China amid a crackdown on monopoly pricing and corruption that they say unfairly targets foreign companies.
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pennies2007 Member Level  Thursday, 03/08/12 07:58:11 PM
Re: Lazyman post# 93323
Post # of 130305 
Yes on both counts. Bad news from China is bad for everyone, markets included.

A break below 1.0590 will definitely set up more bearish conditions.

Still looking for 1.0430 but actually expecting 1.0375 at the bottom.

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