Sive Morten
Special Consultant to the FPA
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Good morning,
Market has strong upside momentum. But 1.4750 - strong area of resistance.
Currently market could show retracement lower and 1.4615-1.4630 is the area that should be tracked for buy signals:
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 strong upside momentum. But 1.4750 - strong area of resistance.
Currently market could show retracement lower and 1.4615-1.4630 is the area that should be tracked for buy signals:
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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