Key Levels update

One point I wanted to cover for tomorrow is about Trichet and the euro. I don't think the high value of the euro has ever really concerned Trichet. Bernanke obviously didn't want a strong dollar so he used monetary policy to achieve his goals.

But Trichet has never given a sign or signal that he purposely wanted to weaken the euro. With the euro CPI being at 4.1% I don't think Trichet would be too thrilled with a rapidly depriciating euro, so this could be a valid reason why he wouldn't say anything too crazy that would tank the euro.

Key upside levels:

1.5456
1.5473
1.5489
1.5504
1.5527

Key downside levels:

1.5391
1.5378
1.5362
1.5343
1.5321