Sive Morten
Special Consultant to the FPA
- Messages
- 18,695
Good morning,
Despite not sufficient technical context on Friday, EUR still has found power to jump out from 1.0525 support. So journey with upside retracement continues. Still, as market stands at OB, we could get minor downward retracement on Mon-Tue to 1.0620-1.0630 area:
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.
Despite not sufficient technical context on Friday, EUR still has found power to jump out from 1.0525 support. So journey with upside retracement continues. Still, as market stands at OB, we could get minor downward retracement on Mon-Tue to 1.0620-1.0630 area:
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.