Simple's Green Room

[pennies2007]

Good morning ST.

I still see 1.31 pretty easily on EU. That'll put us right back at a previous high and the 61.8% retrace on the daily.

We"ll get a pullback there, probably back to the 1.2650 area, the previous fib level. Then, I'm seriously thinking we see another bounce all the way up to the 1.33 area.

Time will tell.