Inside the Currrency Market: EUR/USD

EUR 1.1506 shorts saw bottom broke from 1.1448 to 1.1441, 7 pips.

EUR/USD Bottom. 1.1355. Range break above 1.1478, Below 1.1346. Overbought sell point 1,1471, 1.1484. Strategy. Longs above 1.1413, Target 1.1471-1.1484. Reverse short to target 1.1448. Points on the way up, 1.1419, 1.1432, 1.1439, 1.1446, 1.1458, 1.1471.

Shorts below 1.1412, Target 1.1383, look for reversal to 1.1413 and higher. Points on the way down, 1.1406, 1.1400,1.1397,1.1393, 1.1383, 1.1369, 1.1355 Bottom.

Brian Twomey Inside the Currency Market, btwomey.com

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