Sive Morten
Special Consultant to the FPA
- Messages
- 18,690
Good morning,
Although EUR has not shown downward action yesterday, as we've planned, it wasn't able to break above WPR1. Overall price action looks choppy and doesn't look like thrust. It makes us think that flag consolidation has more chances to be broken down:
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 not shown downward action yesterday, as we've planned, it wasn't able to break above WPR1. Overall price action looks choppy and doesn't look like thrust. It makes us think that flag consolidation has more chances to be broken down:
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.
