DislikedUneventful session as expected...long weekend one more time across of large parts of the world so not much to see till NY on Monday. For the roll ....@ goosebone one more time will wrap up the day ... sisseIgnored
In the news flow we are poised to give up on what is left of ECB and a bad US GDP number. In the MT we are still in sell and above (my) flip at 1.083x. There are many other factors to consider within those angles but to put it simply, Short term TA appears to be putting the last ducks in a row pointing to a swing down on a break of 1.091x after a close above. But there are still a couple ducks that need to get in that row. Today's close will not provide one. That view, while not in perfect agreement with FA and MT considerations doesn't seem to be contradicted by them either.
ST Daily close: Irrelevant under 1.091x
Have a good weekend everybody.
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