Sive Morten
Special Consultant to the FPA
- Messages
- 18,738
Good morning,
Although we were watching for possible upside continuation but recent drop mostly corresponds to our longer-term view as on ECB policy as on daily technical picture. Now we need to estimate how deep this drop could be and whether EUR still keeps chances on upside action to 1.20:
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 were watching for possible upside continuation but recent drop mostly corresponds to our longer-term view as on ECB policy as on daily technical picture. Now we need to estimate how deep this drop could be and whether EUR still keeps chances on upside action to 1.20:
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.
