Tuesday, July 17, 2012

EUR 17 July

D RSI crossed up, 4hr treble bottom and RSI above 50 level, 1hr had a higher low in Asian but that session struggled to go above yesterdays high (thats nothing unusual for Asian session through - struggling to break a range).

This is suggesting buys today.

The COT report shows again that EUR shorts were added so the sellers are not finished quite yet.


So it becomes a personal view, sell good 1hr candles if they show in London, or try and enter on shorter time frames near the extreme of pa, or be more conservative and wait for more information at the US open.

No comments:

Post a Comment