In this quarterly chart, the EUR/USD's previous midpoint has consistently influenced price-action. The 50% retracement of the 2008 range is 1.4186 and should play a role in the last quarter of 2010.
Key technical developments to keep an eye on are the USD/JPY's 4-hour bullish hammer formed earlier today and whether the Dow Jones Industrial Average and S&P 500 will close below yesterday's opening levels and mark daily bearish engulfment patterns. In the meantime, I'm focused on buying GOLD at the 1364 region, where a former swing high intersects a 38.2% retracement level.
