Forecast for Monday. A very large move lays just ahead. Breaking the 1097-1119 range will determine the next direction. even though I'm short I'd prefer to see a run up to 113? in order to close the books on the EW count.
Here's the bottom line. Let's see what happens when the overnight market opens in just a few minutes. If the market makes a run and breaks through above 1120 it will most likely be at 6:00 EST. Three hours before the market opens.
Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.
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