Tuesday, February 8, 2011

EURO SHORT TERM STRENGTH

EURUSD 4 HOUR BARS LOSING MOMENTUM


Expect the Euro to go sideways when its short term
momentum indicator is declining. When the short term
turns negative its time to exit......................................





EURUSD 15 MINUTE BARS SHOWING STRENGTH
15 MINUTE BARS ARE SHOWING STRENGTH SO EXPECT SOME UPSIDE MOVEMENT
BEFORE FURTHER DECLINES AS INDICATED  ON THE TOP CHART (4 HOUR BARS)
                                                  

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