Log In    |    Join for FREE
DaytradingBias on Facebook DaytradingBias on Pinterest DaytradingBias on Google+ Follow DaytradingBias on Twitter Subscribe DaytradingBias News Feed We accept Bitcoin here

EURUSD Jun 27 to Jul 01 Outlook

By News Robot on 2011 Jun 25 Sat 7:05:24

Lawrence’s Comment

Recap
Measured up move early in the week has many fooled as if a bottom is in place. The end of the measured up resulted in a quick drop back down to Y-1 area.

Outlook
Potential triangle on 4 hour in the making, meaning that even if B-1 acts as support, it may not be able to go much higher than B-0.

Breakout of this inside week will give us a clear direction to trade in the coming month.

Share


Comments
  • You must be logged in to comment. Log in
Upload comment image

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
Please read full disclaimer here.

Connect

DaytradingBias on Facebook DaytradingBias on Pinterest DaytradingBias on Google+ Follow DaytradingBias on Twitter Subscribe DaytradingBias News Feed We accept Bitcoin here



© 2014 Lawrence Chan / DaytradingBias.com. All Rights Reserved.