Sive Morten
Special Consultant to the FPA
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Good morning,
Anemic reaction on strong daily/weekly support area tells that EUR is strongly bearish market right now. It makes us focus on next, 1.17 target and significantly increase chances on reaching of 1.1450-1.15 area within 1-2 months.
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Anemic reaction on strong daily/weekly support area tells that EUR is strongly bearish market right now. It makes us focus on next, 1.17 target and significantly increase chances on reaching of 1.1450-1.15 area within 1-2 months.
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.