A quick look through the yearly charts reminds us that overall moves in 2012 were miniscule. I look forward to a return of 30-cent annual moves in currencies.
File this under: fun to think about but near-impossible to trade.
Looks like a solid base at 1.20.
Imagine a real turn in this pair… we ain’t seen nothing yet.
Above 1.68/1.70 is a screaming buy.
It’s going lower, but will it bounce first?
I like selling near 1.10 but a break could be a massive buy opportunity.
