riffster21

Nice Grouping - Market Barometer Update

OANDA:EURUSD   Euro / US-Dollar
Hi guys, This is a long term update (4 hour). Most of the currencies are inside the 60-40 range (blue box) or headed towards it. This is a sign of consolidation and is always followed by large moves or swings. Expect some nice moves during the next couple of trading sessions.

One or more of the currencies will being to push outside the 60-40 range. This will signal the beginning for longer term moves. I'll try to remember to post an update when the currencies start moving. Sorry, sometimes I get fixed on trading and forget to post update :/

This is not investment advice, just my opinion(s). Please trade accordingly.

Trade safe and keep an eye on news.
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