Thursday, April 22, 2010
Today's White Candle was exactly what DDF called for. The Bulls were there again to support the market and pull it out of a nose dive. We did not get the Bearish confirmation required for a reversal, and tomorrow is the last day for the Bears to take advantage of the opportunity.
A Bearish Reversal requires a Black candle closing below 1205.94
DDF has a Neutral Bias today
Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.
Posted by Robert Campbell at 09:08