Author: NULL

REMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! SPECIAL NOTE:     CLICK ON IMAGES TO ENLARGE ——————————————————————————– EURUSD 1)       WHAT I SEE:  I wrote last week: Looking...

After bouncing at the .786 retracement we should see continued follow through to the 1.5150 Are today which is the S3 from the top.

Break of the 1.090 leads credence to the move before NFP

With the 50% retrace out of the way should see resumption of the downtrend.  Nothing in Europe says it is strengthening ( Irish Banks and Greece to name a couple of things). Target is 133.07

We have a nice move underway BUT…this is an unsustainable trend so expect a correction and then further continuance. R5 is the upper target right now @0.9379

REMEMBER: THIS IS BIG PICTURE ONLY – NOT INTRADAY! Please NOTE!!!! This is an opinion only! SPECIAL NOTE:     http://tinyurl.com/ycrgyhh CLICK ON IMAGES TO ENLARGE ——————————————————————————– EURUSD 1)       WHAT I SEE:  I...

If we breakout and resume the Uptrend look for immediate targets at 0.9229 then 0.9276.  If it respects the trendline a fall back to 0.9085 ( previous low and support from the Day chart) is in the cards.

see chart