Euro Exhibiting Beautiful Symmetry
Will the bullish pattern in the euro remain intact or not? My guess is that quite a few traders keep their eye on the euro. My only concern is that by the time this commentary gets posted, the decision might already be made since this is a 24-hour market. Either way, I hope this information helps! (Actually I will post the chart on CC in advance, just in case.)
I'm watching a 240-minute chart in this market. You can see some beautiful symmetry on this chart. By "symmetry" I mean similarity or equality of swings in the same direction. If it can hold above symmetry support projections, then the euro should continue to move higher. If the same key support I am defining on this chart is violated instead, then I would back off the buy side instead....201 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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