EUR/USD Daily Video, May 07, 2014

Sive Morten

Special Consultant to the FPA
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18,693
Good morning,
as EUR has reached resistance - some retracement is possible, especially on the eve of Yellen's speech in Congress. But too deep retracement will be dangerous for bullish ambitions:




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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