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EUR/USD Daily Video, October 04, 2011

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Oct 4, 2011.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    market has moved 50 pips lower of our predefined level of 1.3230-1.3270, so chances that market will show significant retracement have reduced.
    Still, market stands at some minor support and on 4-hour time frame is showing perfect thrust down. This could become a context for some directional patterns:




    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
     
    #1 Sive Morten, Oct 4, 2011
    Lasted edited by : Aug 15, 2015

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