Euro Daily and 3-day patternPushing down from the Weekly 50% level, trading below the Weekly balance point, and also the 5-day 50% level.
Therefore the bias is to continue down into Wednesday's lows:- random support.
Trend guide is the 5-day 50% level :- either way
Nice rotations going on on the Euro yesterday's but no trades were taken, as the set-ups didn't align during Asian trading hours
Set-up this morning looking for a continuation down into 11am.
Short:- 1.4112 (stops 1.4132)
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
