FOREX EUR/USD 8th August 2008

Euro Daily and 3-day pattern

Euro continues down towards the August lows, and of three spreads against the USD, it was the only one to follow the reversal pattern into the 50% level and rejection.

There is no probability pattern on Friday, except the view price is moving down into August lows.

Weekly Report tomorrow



  • 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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