20080830 - EURPLN

I just love the market - whenever I'm sure of something (this post), the market does something opposite. Forex will quickly cure everyone of high self-esteem. Take a look at EURPLN:



It's too early to say, that EURPLN has broken out from a channel, nevertheless it looks surprising. RSI does give us the negative divergence (trend breakout), however short-term trend is upward (higher-low, higher-high pattern).