Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Tuesday, 3 December 2013

EURUSD

Not looking too bad at all ....the daily pivot is likely to get some attention now price has broken that and then the weekly is at 1.3586, which will probably get even more attention, before yesterday's high at 1.36147. Any move to monthly R1 at 1.3708 has to go through these first to pick up the passengers, so should be relatively straightforward to gauge if the northbound route is going to be taken or not over the next 20-50 pips.
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