EUR/USD Daily Video, October 19, 2010

Sive Morten

Special Consultant to the FPA
Messages
18,564
Good morning,

Videos a bit larger in recent time, but this is due comlicated situation on the market...
Let's continue to track EUR, because nothing is clear yet. Now, I think that H&S pattern is forming right now tha should be accomplished somewhere around 21-22 of October. There is single major thing that is crucial for Short context - I do not want to see market return above 1.4030 area.
Today market possibly will show move to 1.3810 area.





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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