The Euro is attempting an outside reversal week to the downside with a close below 143.28. This is a Dollar bullish / Euro Negative pattern.
EUR/CHF is attempting the same pattern and a close under 112.59 is needed. This cross still has some room. The first time into 112.60 level I am sure the Euro shorts will be made to feel some pain. A weekly close under this level in the cross should intensify the Dollar Buying against the Euro confirming the straight Dollar.
Metals… you’ll note the lack of selling interest in Gold & Silver. Right now the Europeans nor anybody else are buying equities when buying Dollars. They are in Risk Off Mode. Pay attention to EURO/GOLD.
Remember that tomorrow’s unemployment # usually shows us a great trad-able low in the metals. Dust off your technical s for the A.M.
