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EUR/USD Daily Video, August 02, 2011

Discussion in 'Sive Morten- Currencies, Gold, Bitcoin Daily Video' started by Sive Morten, Aug 2, 2011.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

    Aug 28, 2009
    Likes Received:
    Good morning,
    as we've discussed fundamental data could turn everything from top to bottom - that has happened.
    Although yesterday we still have got some upward continuation - it has lasted right till US data about debt ceil increasing was released and H&S has come in play.

    Currently market stands at some support and near targets, so turning to retracement is possible. If not - then next target is 1.3950-1.40:

    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.
    #1 Sive Morten, Aug 2, 2011
    Lasted edited by : Aug 15, 2015

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