Sive Morten
Special Consultant to the FPA
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Good morning,
market has shown nice thrust yesterday and has reached significant resistance area. But still it has not quite reached some important targets. That's why it is very probable that market will try to test 1.25 area before any meaningful retracement down will happen:
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.
market has shown nice thrust yesterday and has reached significant resistance area. But still it has not quite reached some important targets. That's why it is very probable that market will try to test 1.25 area before any meaningful retracement down will happen:
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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