Inside the Currency Market: EUR/USD

This morning saw recommended sell at 1.1284 low to 1.1203, a 24 pip break of 1.1227 Bottom. Mentioned stay short on bottom breaks.

EUR/USD. Bottom 1.1154. Range break above 1.1262 and 1.1327, Below 1.1159 and 1.1094. Overbought sell point 1.1271, 1.1328, Note Range break 1.1327. Failure before 1.1271, then 1.1264, 1.1257. Strategy. Longs above 1.1211, Target 1.1271. Reverse short to 1.1227 – 1.1237, then 1.1210.

Shorts below 1.1210, target 1.1182, a break targets points on the way down, 1.1209, 1.1205, 1.1202, 1.1198,1.1191, 1.1185, 1.1182, 1.1168, 1.1154 Bottom.

Brian Twomey Inside the Currency Market, btwomey.com

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