Sive Morten
Special Consultant to the FPA
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Good morning,
although we have some bullish patterns, but market stands just 50 pips from 1.22 area, that we treat as more valuable support area. We suggest that if any upside reaction will follow - it probably will happen from 1.22 rather than due intraday bullish patterns:
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 we have some bullish patterns, but market stands just 50 pips from 1.22 area, that we treat as more valuable support area. We suggest that if any upside reaction will follow - it probably will happen from 1.22 rather than due intraday bullish patterns:
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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