Aussie…Euro…Silver

Aussie will put in a daily outside reversal day to the upside with a 4 p.m. NYC cash close over 101.20. The commensurate Euro price is 139.28

Silver held early today @ the 34 area and now with a close over 35.42 has put in an outside reversal day to the upside. The technical fact that we closed over 35.66 is price positive. We will not know until next week whether this was a retest of the high or it’s just beginning a new leg up.

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