But we may have another leg up if we break from above but if you have a look at the indicators on a hourly 30 mn basis they are all diverging indicating a loss of momentum .... So I think one should be ready to trigger both ways even if I have a slight preference for the bearish move !!!!! But it is up to the market to decide which way to go and we just have to take what it offers
ct, You may be interested in the last couple posts of my FXv/W thread re the Euro. As noted, it's from the Yahoo Wyckoff board, so there may be a bit of unfamiliar jargon, but for the most part the TA concepts discussed are pretty basic stuff. http://elitetrader.com/vb/showthread.php?threadid=53557 H