Sive Morten
Special Consultant to the FPA
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- 18,776
Good morning,
Recent action on EUR is not very positive for bulls, it seems that EUR really has difficulties with upward action. But currency has not broken yet invalidation point and keeps theoretical chances on re-establishing upward action:
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.
Recent action on EUR is not very positive for bulls, it seems that EUR really has difficulties with upward action. But currency has not broken yet invalidation point and keeps theoretical chances on re-establishing upward action:
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.