The parity continue to move between 1.43 and 1.44. Yesterday, the parity fake a break out of the last highest at 1.4458. Then, a correction followed reaching the lowest of december 30 nad january 3 and 4th 2010, below 1.43. As far as the price is into its range, we stay neutral. We advise:
- to trade only long positions if 1.44 is broken
- to trade only short positions if 1.43 is broken