EUR/USD Daily Video, July 27, 2011

Sive Morten

Special Consultant to the FPA
Good morning,
Although market has continued a bit further, right to weekly pivot resistance 1, now it shows clear signs of weakness on 1-4 hour time frames. So, retracement probably will come today-tomorrow:

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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