Euro$

Support for Euro$ on the lower median line parallel of my long term modified Schiff ( thick scarlet)...albeit a bit unorthadox but still viable and within the rules of Andrews.To see P0P1P2 refer to small e-signal image on yesterday,Wednesday April 8th.

In the 60 min chart i have used simple Fib time zone expansion using the swing low on the LHS as point 0 then point one was the first swing high and then it all fell into place with the swing high at 1.3590 as point 2 and so on... which gave us the point yesterday & today. Entry point for a long trade?...perhaps a retouch of the scarlet LMLP. The green up sloping ML set that has been drawn ( many would say prematurely) was included because P1, P2 and the half way point between is perfectly described by the Fib time zones. There is a long way to go before a previous swing high is taken out and this ML set is viable plus there are two red reaction lines that may prove too strong resistance for price but overall i remain optimistic. The fact is not lost on me that one of the reaction lines is from the long term ML set on which lower ML parallel price has found support( you can see it dashed deep red on the 240 min chart on the thick lower scarlet ML parallel at 45 degrees in bottom RH corner buy the Fib time number 4)......this could be a turning point.