Good morning dynamic traders.
We are close to a set up on the Euro Dollar one way or another. In the near term this pair will be giving out further profits either through a 123886 or perhaps a confirmaed BOB. As always a confluence of events is required then wait for the signal before pulling the trigger.
The Advanced Get chart below is of the Euro Dollar daily and although not shown the Cable has a similar set up without the MACD.
We are away and should be back sometime next week so my next update will be then. In the meantime please read Javid's blog for daily updates. You can also read Javid's other forex blog www.fxcps.co.uk
Good fx trading dynamic traders.
Anne Chapman
Currency Analyst
