ECH12 – March Euro (Last:1.3251)

March Euro (ECH12) price chart with targetsThe euro’s daily chart looks more bullish than the dollar’s at the moment, implying that Greece’s latest resuscitation will pass muster where it matters most — i.e., in the make-believe world of global finance. Even so, the futures can’t afford to stall for more than a few days lest they lose the considerable momentum that will be needed to surmount the 1.3296 ‘external’ peak recorded on December 8.  That’s what it will take to refresh the bullish impulsiveness of the daily chart and to sustain the illusion that Europe is somehow muddling through its debt crisis. Click here for details concerning the upcoming Hidden Pivot Webinar, where you can learn to do this stuff yourself.