EUR: Possibly attempt small longs at 1.4455 but only if prepared to add to 1.4300 |
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EUR Comment: A ‘spike high’ and ‘evening star’ candle on the weekly chart at 1.4867 suggests we shall consolidate below here for another week or two. The Euro will probably hold between 1.4200 and 1.4800. Strategy: Possibly attempt small longs at 1.4455 but only if prepared to add to 1.4300; stop below 1.4195. Short term target 1.4550, then 1.4700. EUR/JPY Comment: Retreating once again ahead of the 157.00 area. Expect a drop this week to re-test 151.00. Strategy: Sell at 153.65, adding to
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