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.9850 is the next target on the breakout.

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pennies2007 Member Profile pennies2007 Member Level 
Thursday, May 24, 2012 10:31:53 AM
Re: estimator post# 98000 Post # of 118085 
.9850 is the next target on the breakout. That's the top of the big four hour trendline. But this time is gonna be different. We'll probably see a pullback to .98 or so after that but that will form solid support at the four hour ema21. We'll bounce from there which will lead to an ultimate breakout of the four hour downtrend channel. That'll lead to an ultimate rally up to parity or above.


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