EUR/USD Daily Video, September 02, 2011

Sive Morten

Special Consultant to the FPA
Messages
18,732
Good morning,

Altough market does not at oversold, it has reached significant support level and some intraday predetermined targets. So, from odds perspective - this is not the time to enter short and better to wait some pullback. Still, today is NFP release and anything could happen:




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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