Wednesday, February 17, 2010

Euro: Interesting price action…

After a strong rally yesterday, throughout the day, it was struggling to sustain the momentum. By afternoon, it tried to engulf (Candlestick "1" ), the prior ones but failed. Now it is attempting again (Candlestick "2" ). If it successful, probably a new story will begin… We will have to see.

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES