Sive Morten
Special Consultant to the FPA
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- 18,648
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
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
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