Sive Morten
Special Consultant to the FPA
- Messages
- 18,571
Good morning everybody,
whole current week market stays in the range aprox. 1.2750-1.2920. There are a lot of energy building here, and we can expect some break out to one or other direction.
Today, I'll be watching for lower border of the range. If it will hold and market will show some thrust up, so, it will mean that market will stay in this consolidation for some more time.
If we will see breakout to the down side - in video I show you what levels to watch for.
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.
whole current week market stays in the range aprox. 1.2750-1.2920. There are a lot of energy building here, and we can expect some break out to one or other direction.
Today, I'll be watching for lower border of the range. If it will hold and market will show some thrust up, so, it will mean that market will stay in this consolidation for some more time.
If we will see breakout to the down side - in video I show you what levels to watch for.
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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