Euro momentum

As per our analysis on Wednesday we can say the Euro performed a fakeout. A drop of 400 pips since then so those that have followed our techniques have not lost out like the majority of the dumb money.

The pop and drop on the Euro Dollar does not mean it has changed trend as we are still in the range.


Chart courtesy of Advanced GET. Data provided by eSignal.

Good trading.

Forex Analysts
Javid Shaik & Anne Chapman