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in Daily Signal - 11 Sep, 2011
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#EURUSD for Monday 12th Sept
EURUSD for 12th Sept 2011

EURUSD for 12th Sept 2011

For the short term we have 2 places to watch A and B on the chart. the downtrend line and 1.36. As i type this the market has just opened below 1.36 so we need to watch to see if this move is going to be sustained . in other words watch to see what develops as the day goes on if we fail to break back above the 1.36 then look for a candle stick alert to go short. If we do break back above then look around the downtrend line A to get short from there on a candle stick alert. Patience today please until we see things developing.