Today's interesting charts
Comment of the Day

March 12 2010

Commentary by Eoin Treacy

Today's interesting charts

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Eoin Treacy's view US Dollar per 1 Euro - continues to rally from the $1.35 level and a downward dynamic would be required to limit scope for some additional upside.

Asian Dollar Index - testing the January high but a sustained move below 110.5 would be required to question potential for a successful upside break.

Lumber - behaving like the other industrial commodities and currently forming another equal sized reaction within the medium-term uptrend. A sustained move back below $265 would be required to question the consistency of the advance.

Robusta Coffee - posted an upside key day reversal earlier this week but has so far failed to follow through. There remains room for a relief rally, but a sustained move above $1300 would be needed to break the progression of lower highs and question scope for continued lower to lateral ranging.

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