EUR/USD Daily Video, February 16, 2012

Sive Morten

Special Consultant to the FPA
Messages
13,148
Good morning,
market has achieved our target that we've estimated yesterday - 3/8 Fib support at daily TF and Agreement. Next destination is 1.29 level as by Weekly B&B "Sell" pattern.
If market will show any retracement - we can use it to add for shorts or re-enter:


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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