EUR/USD Daily Video, September 18, 2018

Sive Morten

Special Consultant to the FPA
Messages
18,630
Good morning,

Market has erased our bearish setup, so that we even haven't got any chance to take position. Now, with daily bullish grabber on the back, we will see, will EUR be strong enough to break 1.1730 resistance area:



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.
 
Keep an eye or Eur-Aud for a potential DRPO sell on the Daily. High concentration of net retail shorts on this pair has me a little nervous though. Interesting setup still with a very good R:R
 
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