EUR/USD Daily Video, May 17, 2018

Sive Morten

Special Consultant to the FPA
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18,669
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.
 
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