The Ozzie is poised to head north. Action above 1.0350 is buying time.
The €, on the other hand, is stuck in heavy traffic. My gizmos show it as being both neutral and as wanting to quit being neutral. But with France's woes added to PIIGS, ???
The £ is also neutral, although it does a dance that is separate from the €.
The Loonie is bearish against $US, but...
The $US seems to be trying to get turned around against ChF and ¥.
The €, on the other hand, is stuck in heavy traffic. My gizmos show it as being both neutral and as wanting to quit being neutral. But with France's woes added to PIIGS, ???
The £ is also neutral, although it does a dance that is separate from the €.
The Loonie is bearish against $US, but...
The $US seems to be trying to get turned around against ChF and ¥.
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