EUR/USD Daily Video, May 24, 2012

Sive Morten

Special Consultant to the FPA
Messages
18,571
Good morning,
market still has some room to the downside, but retracement could come from 1.2480-1.2530 area:






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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Accuracy refinement

Good morning,
market still has some room to the downside, but retracement could come from 1.2480-1.2530 area:






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.


I agree with your analyses I just don't agree 1.2480 is the main support. If the price goes to 1.2480 it surely goes to 1.24710.
 
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