EUR/USD Daily Video, November 06, 2013

Sive Morten

Special Consultant to the FPA
Messages
18,699
Good morning,
we've got confirmed bullish short-term pattern that could trigger upward retracement to 1.3615-1.3645 area and technically this could be due position contraction at the eve of ECB meeting. If it will turn to failure, then downward breakout is more probable on daily chart:





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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