Last week cable broke out of its up channel, and of the previous week doji bar and closed below its low, which would suggest further downside.
Downside Scenario
sustained trading below 9850 would confirm this view.
Consolidation Scenario
A break back above 9850 would suggest consolidation,
Upside Scenario
upside needs to trade back above 2.000 and not trade back down in order to attack and break 2.0090 and then 2.0130
Euro crosses have interesting price action. will also post charts later.
(Im cooking sunday lunch
.......but at least it wont be english food:cheesy: )
This week should be full of news announcement driven volatility.
good week trading.
j
since T2W has a calendar, I am not putting it here.
Downside Scenario
sustained trading below 9850 would confirm this view.
Consolidation Scenario
A break back above 9850 would suggest consolidation,
Upside Scenario
upside needs to trade back above 2.000 and not trade back down in order to attack and break 2.0090 and then 2.0130
Euro crosses have interesting price action. will also post charts later.
(Im cooking sunday lunch
This week should be full of news announcement driven volatility.
good week trading.
j
since T2W has a calendar, I am not putting it here.
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