The Euro.

Good evening Dynamic Traders,

Last Wednesday I posted about the EUR for a possible long but did not get entered using ESLT as price fell heavily the following day.

Todays price action is again trying to move up and may well leave this pair in the parameters of DD.

This could be worth looking at for a possible long trade should the correct signals occur but do be aware that MACD is showing divergences across different timeframes and a fibonacci cluster does lie north with strong figures on the way.

The MOB is also above and GetStochastics does have the false bars to the upside and one is just forming now too.

You should know the correct entry situation if this move occurs and good management is imperative.

As always please ensure to do your own analysis.

Charts courtesy of AdvancedGet.

Good luck.

Clayton Farnworth.