EURUSD Jun 27 to Jul 01 OutlookBy on 2011 Jun 25 Sat 7:05:24
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.
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.