Sive Morten
Special Consultant to the FPA
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Good morning,
EUR recently has failed to pass through WPP resistance and it seems that chances on downward action a bit better. Still, situation will be resolved inside flag pattern that now is forming on 4-hour 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.
EUR recently has failed to pass through WPP resistance and it seems that chances on downward action a bit better. Still, situation will be resolved inside flag pattern that now is forming on 4-hour 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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