Bernake testimony will be the key news driver today.
The Euro is still holding the resistance on the chart pattern and we would like to see the Dollar close higher today across the board. Again, there is no need to get married to anything. Be patient, trade small, with a low risk profile.
USD/CAD 97.00 ( 103+- 10 pips (H) futures)…This is a big pivot level in the Canada.
Gold is trading above our stop. For those of you that did not leave trailing stops overnight give it a little time this a.m. Silver..here the pattern has more definition meaning it finally printed the upside tgt of 34.40 by making a higher high by 8 cents. A close over these levels in both the Gold & Silver and I would exit the trade and wait. Conversely price rejection from this level should materialize soon if this is going to work.
