Wednesday, February 10, 2010

Waiting for EU decision on Greece

All eyes on the EU meeting today. Looks likely some assistance for Greece will be forthcoming, a debt guarantee probably at a minimum. Stating the obvious; a declaration that no assistance will be forthcoming and the euro can expect to get hit pretty hard.

Euro is closing in on the Hourly trendwall. It can either break or bounce of it. Waiting for news of Greece's aid.

No comments: