Today's interesting charts
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.