First major move has been done ... a second one might follow during NY session ... pullbacks could be seen before NYSE open ...
http://cdn.forexfactory.com/images/attach/gif.gif
2010-10-05 _ zigzagtracktracer (11h38 CET) EUR-USD 005min _ 000.GIF (29.7 KB)
As long as above 1.3756 ... which could be seen as a minor pullback ... there might be further potential for upside attempts ...
Our calculations show a neutralization zone from 1.3750 - 1.3716/ 08 ...
Only a cross of below that would re-open the downside again ...
;-)
http://cdn.forexfactory.com/images/attach/gif.gif
2010-10-05 _ zigzagtracktracer (11h38 CET) EUR-USD 005min _ 000.GIF (29.7 KB)
As long as above 1.3756 ... which could be seen as a minor pullback ... there might be further potential for upside attempts ...
Our calculations show a neutralization zone from 1.3750 - 1.3716/ 08 ...
Only a cross of below that would re-open the downside again ...
;-)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts