DollarsNSense

ENGINES STARTED?

Long
OANDA:EURUSD   Euro / US-Dollar
EUR/USD fell short of my 1.1709 bounce point yesterday, being intercepted by 1.1700 the figure. What happened next was pretty much as the crystal ball foretold, albeit much slower. Indeed price is yet to find 1.1625 but is quite near to my range bottom, which puts me on Full Alert. Any sign of reversing the short term Bear Trend will be treated most seriously and the trigger for launch should come with a higher low. It is of course possible that 1.2500 will yield to Bear weight but this will serve only to give me a better Buy price - potentially 1.1609. So, my chart stays as was.
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