Currencies and S&P 500.

Currencies and S&P 500.
06/05 18:11
Currencies look toppish here. I not so sure about the stock market though. Check out the charts. Even though EUR/USD is trading in the channel right now, I believe it needs to retrace to at least 1.38 to continue its upward move. This would be a really healful sing. Otherwise it'll start to look otherbough, which may result in a suddent reversal.