- Weekly chart SHS Top still possible (=bearish). On other side, can't really find a reason to be bullish from the chart.
- So, positioned small short only ahead of possible break in near future. Timing uncertain. Patience is vital.
- Awaiting downside break of 1.3211, which is where the neckline is this week, as well coinciding with the previous low from 2 weeks ago.
- Otherwise, lacking inspiration here but staying vigilant.[Short corn is effectively the same trade, performance depending on Risk Off (=USD buying) becoming dominant behaviour].
06 December 2011
EUR/USD : Waiting Game
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