EUR/USD (Follow through after drop) 22-10-2007

*Attached chart. Click on it for the enlarged version.

Hello people. EUR/USD has finally did what I was expecting it to do like two weeks ago. Hahahaha!!! A lot of people are expecting EUR/USD to strengthen further after the G7, but hey, USD strengthens for EUR/USD retracement :P Hehehe! See? Technicals wins against the Fundamentals again :P Hahaha...

Anyway, EUR/USD had a follow through on the downside after it broke below the 1.4300 level, which I had highlighted like a few hours ago. Let's see how it will go from here.

Peaces and trade safely everyone...