Sive Morten
Special Consultant to the FPA
- Messages
- 18,655
Good morning,
Although EUR has shown some respect to 1.3680 resistance, that we've talked yesterday, I think that this was just a reaction on a strong resistance. Now market just coiling below pivot, and this is not good for bearish perspectives. At the same time, until market stands below 1.3720, daily bearish context is valid:
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.
Although EUR has shown some respect to 1.3680 resistance, that we've talked yesterday, I think that this was just a reaction on a strong resistance. Now market just coiling below pivot, and this is not good for bearish perspectives. At the same time, until market stands below 1.3720, daily bearish context is valid:
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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