I warned you this morning that the market was not expected to go anywhere. We are resting on the MOBO support. A break below the MOBO and the Tenkan-sen could start a move.
Wow what timing. Just as I was ready to send this out the MOBO gave a sell signal!
By the way a break below 1.3585 EUR/USD could begin a significant move down
I wrote a new study this weekend. I call it HAC. I'm still putting the finishing touch on it, but here is a look at it. Arrows with dots are confirmed signals. This hourly chart is currently bearish.
Not expecting much today. DDF looks neutral.
Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.