EUR/USD: Levels, Ranges, Targets

EUR/USD. Bottoms. 1.1000 and 1.0972. Big vitals points 1.0980 and 1.0903. Extreme sell points 1.1095, 1.1098 and 1.1228 V longs 1.0828, 1.0753 and 1.0748. Ranges today remain 54 pips V 14 pips short term. Ranges 1.1204 above V 1.0854 and 1.0746. Targets today 1.1052 and Failure point 1.1046. For today, 1.1041 must cross. A big line at 1.1110 is falling on current price. Points above 1.1031, 1.1038, 1.1042, 1.1046, 1.1049, 1.1052. A target at 1.1052 then short to 1.1040 then 1.1031 break to target 1.1014 then bottoms at 1.1000. Again, longs are to scary as this point.

Brian Twomey, Inside the Currency Market, btwomey.com

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