EUR/USD Daily Video, August 10, 2012

Sive Morten

Special Consultant to the FPA
Good morning,
although price action has shown us retracement as we suggested, but this level at the same time is an edge of bullish perspectives. Market should hold here to safe bulls' chances on reaching 1.25-1.2520 area:

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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