EUR/USD 15th Nov 2008 Weekly

EUR Monthly and Weekly

Expectation of a continuation down into the Monthly lows, using the Weekly 50% level as a trend guide.

Even if the Euro doesn't reach the November lows this month, there is still an expectation of a double monthly low pattern in December.



This week was simply trading either away from levels or towards central zones, as the Euro consolidated with a downward bias.

8 trades

6 winners 475 pips
2 losses 18 pips