EUR/USD Daily Video, January 27, 2012

Sive Morten

Special Consultant to the FPA
Good morning,
market has hit yesterday destination point of 3-Drive "Sell" pattern and turned to some retracement. Will this retracement become deep, as we're expecting on daily time frame, or market will show shallow retracement and proceed higher?

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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