The United Euro

Good Afternoon Dynamic Traders!

Todays focus is on the favoured EUR USD pair.

Below is the weekly chart for this pair.

The major trend is clearly earthward.

The interesting event on view is the assembly of on-chart indicators, currently deliberating direction.

Take a careful note of the confluence of events on display.

EURUSD weekly chart Advanced Get

The daily chart (below) may offer a guiding hand.

Heed the value index behaving in unison with its bigger brother!

Last weeks 123,886 formation, together with the explicit DT pattern (fortified by the down trend)
may promote strength towards further vulnerability.

Indeed, the horizontal support on display, may offer a conservative entry opportunity with diligent use of ESLT.

Astute Dynamic Traders will define these tips objectively, from the markets' perspective, comprehending that these probabilities simply define an 'edge'......... comfortable in the knowledge that only an uncertain outcome will prevail.

Beware of news items tomorrow morning that may directly affect this pair!

EURUSD daily chart Advanced Get

Rigid Trading!