EUR sure ?

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = EUR : WKLY & DAY Chart (Posted Below)

Hi Dynamic Traders, What a great week end, Time to draw breath after last week, United won the Cup and a friend of mine who lost a foot in Afghanistan was given date to move for rehabilitation, bringing to an end over 3months lying in a hospital bed and countless operations. Sort of puts things in perspective.

Looking through the charts this evening, I have chosen the EUR to pursue this week. The weekly chart shows the cross being in a steady upwards trend with higher highs and higher lows up to 14 July 08. Since then we have been in a downtrend with a pullback to a fib breather level and now may look to test support again resulting in a double bottom. This would provide Dynamic Traders with a golden oppertunity to test there aquired entry techniques from the webinars to good use.















The Daily chart shows us a steady decent since we last met with the value index, with lower highs and lower lows. The potential double bottom is 200 pips below our current price.















Let us see what happens tomorrow ?

Courtesy of Advanced Get / E Signal

Trade with Passion

John Maher
Forex Analyst

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