EUR/USD Daily Video, January 11, 2012

Sive Morten

Special Consultant to the FPA
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18,621
Good morning,
market has shown 0.618 retracement that we've discussed yesterday and now stands at very significant area. Depending on how it will behave here will impact on price action in nearest time:





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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