FXCPS

Forex Chart Pattern Signals

Wednesday, July 26, 2006

Euro Overbought

Just a quick note to say it looks like we are getting into an overbought area so keep an eye on the Euro for a possible reversal within the next couple of days. Remember to sell the rallies at appropriate fib/pivot points! Resistance using APP and fib retracement from July 7th high and July 19th low at 12775 - 12810.

No chart attached as I am busy during this week but will provide chart analysis again from Monday.