FOREX EUR/USD 19th June 2008

EURO Daily and 3-day pattern

EURO range bound on Wednesday, testing the highs and pushing down again...

Because price is trading below the Spiral filter (read previous report) the expectation remains that the 90-95 pip range should hopefully complete.

This would hopefully be confirmed with a break of support on Thursday.


Otherwise 'support' can push price up into Thursday's highs, which match the June 50% level.

Euro intraday 3-day pattern
  • All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
  • Exact levels shown for current day aren't confirmed until midnight GMT

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