Thursday 22 July 2010

€$ reaction Line bottleneck.........continued...











here is what we expected at the european closing a few hours ago in the previous post. This market is looking like its going higher and has already found support on the blue CL but we need to see what happens overnight in Asia. A short trade does'nt look profitable unless we take out the aqua blue line and there are half a dozen other lines (median and reaction) on different charts setups all for the €$ which are not shown here & could provide support.

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