Inside the Currency Market: EUR/USD

EUR/USD. Bottom 1.1040. Range break above 1.1108, Below 1.1082. Overbought Sell point 1.1167.

Strategy. Longs above 1.1096, target 1.1167. Points on the way up, 1.1109, 1.1117, 1.1136, 1.1143, 1.1151, 1.1169, 1.1167.

Shorts below 1.1095, Target 1.1067 then Bottom at 1.1040. Points on the way down, 1.1088, 1.1074, 1.1065, 1.1057, 1.1048, 1.1040 Bottom. Most important 1.1074.

Points are special locations where price will struggle tp cross above or below.

Brian Twomey, Inside the Currency Market, btwomey.com

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