What Mr.Bernarke said - no change in FOMC policy until late 2014, and defibrilated the dead EUR's heart, then it came to life and said oh where am i somewhere below 1.30 -let's get to work now - and this morning we are again above 1.31 approaching the downside Ichimoku border of the negative cloud @ 1.3170, we have strong resistances @ 1.32 and 1.3260, then 1.3360 and if that is broken we may go back to 1.36 or even 1.3740, what a man Bernarke is!!!!
Of course this won't happen at once, maybe first try will be unsuccessful as there are a lot of problems in the EU, but with the help of Merkel, Sarkozy and Mario we may overtake these highs. What we need is some rocket fuel which only an agreement for the Greece's debt may supply. Another test of 1.29 is possible after touching 1.3170 , we shall wait for a while to see what will happen.
As I've warned you yesterday GOLD has broke the 1685 resistance and is now in the upside move as uncertainty rules the markets, next target 1730 then 1745 - i wonder is the September's 2011 correction over???