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Replies to #27319 on FOREX TRADERS
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Chiron

12/04/08 4:47 PM

#27320 RE: SherriT #27319

Oh U/J will come back, and break 100 again. But for now the trend is down. A break of 92 should happen during the asian session. I will go long in the 91.50 range if it gets there and hold until 100. It can't consistently break 92.30 right now, which to me means its setting up for another downward break soon.

Long term, into 2009 it will see 100 again. I agree.