EXACT TRADING FX Trading News and Early Morning Review |
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EURO coils like a spring as it waits for the next move
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The EURO is coiled like a spring as it waits for the next move. Since August the continuation and sideways paterns have been getting smaller and smaller. Such behaviour normally takes place prior to a large breakout.
GBP traded off yesteday's highs and has also been trading in a tight range since the beginning of October. |
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Don't forget to pick up the FOREX UNCENSORED PRICE ACTION TRADING COURSE which includes the bank levels I use for my own trading. |
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