Thread: Sell Eur/Usd
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Old 20-08-2004, 01:10   #380 (permalink)
Iris
Time<>Price
 
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Eur/Usd..................
Quote:
Time/Price North advance High to 1.2378 off of yesterdays decline Low at 1.2282...Looking for a retest/break of the 1.23 basis for a move South to the 1.2270/80 level...to begin probing the All important 1.2250 ...with a break of 1.22 Signaling strong South momentum towards a further decline to 1.21 basis. North continuance still resides at a break of 1.24 for a run to 1.2460 thru 1.25.

Its getting near Decision Time.
Time/Price is Square from the 1.2927<>1.1771 Range at the 50Fib>1.2350 basis...the Launch Point for an advance to 1.2460/90<>1.25...or a decline thru 1.23<>1.2250 to a test/break at 1.22. Eur/Usd sits at an Important Crossroad.

Is it North thru the 382>1.2485 or South thru the 618>1.2210?

1st Signal Price Discovery/Directional Movement is at hand.
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