FOREX EUR/USD 18th August 2008

Euro Daily

No probability pattern on the euro on Monday...

Normally the Euro like to go looking for the 3-day filter on Monday, which is much higher.

It looks like it wants to go higher, but I would perfer to trade from Tuesday.

Ideal pattern would be a reversal into the 5-day 50% level, and then short trade down on Tuesday from the 3-day filter.