Sive Morten
Special Consultant to the FPA
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Good morning,
EUR is coiling around AB-CD 1.618 target by far. It has phantom chances on upside bounce, but if it will return back to 1.0517 lows on Monday - be prepared for downward breakout:
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.
EUR is coiling around AB-CD 1.618 target by far. It has phantom chances on upside bounce, but if it will return back to 1.0517 lows on Monday - be prepared for downward breakout:
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.