Funny old market…We ignore comments that the government may have to resign in Portugal if austerity is not passed.That would result in the need for a bailout…
Minutes later, a stray headline that the majority of the EU sees Portugal needing a bailout and whammo!
Pretty much the same news…
One resulted in new highs, the other in new lows….
Small stops were triggered below 1.4145 and we bottomed at 1.4138. We made a session of high of 1.4204 just 17 minutes earlier…
