Sive Morten
Special Consultant to the FPA
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Good morning,
Resistance around 1.30 becomes very significant for us, since short-term perspective depends on it. If level will hold, we could get move to 1.27 area, if not - it could turn upside down short-term situation on EUR:
http://images.forexpeacearmy.com/Weekly/EUR_USD_15_10_12.swf
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.
Resistance around 1.30 becomes very significant for us, since short-term perspective depends on it. If level will hold, we could get move to 1.27 area, if not - it could turn upside down short-term situation on EUR:
http://images.forexpeacearmy.com/Weekly/EUR_USD_15_10_12.swf
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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