here is what could happen base on daily chart
at the moment we have strong looking resistance at the 1.5 diviation,
if we close above the HC 2004 and yesterdays high , there is a strong
chance to go all the way to the 1.75 Div. at 1.3900 and after that
we may look at the 2 div. 1.4070 / 1.4100 for
we had a gap down in jan 2003 at 1.4390, the market has not traded back to this area yet
if not there will be a bear run back to 1.3650 / 1.36 and there after back to 1.3450 / 1.34.
I expect from these zones there will be a next run bullish
chances are for tomorrow Wed. a gap up and price run. daily cancel may
become long wick and small body.
We may have to wait till Thursday if we are bullish or bearish
at the moment we have strong looking resistance at the 1.5 diviation,
if we close above the HC 2004 and yesterdays high , there is a strong
chance to go all the way to the 1.75 Div. at 1.3900 and after that
we may look at the 2 div. 1.4070 / 1.4100 for
we had a gap down in jan 2003 at 1.4390, the market has not traded back to this area yet
if not there will be a bear run back to 1.3650 / 1.36 and there after back to 1.3450 / 1.34.
I expect from these zones there will be a next run bullish
chances are for tomorrow Wed. a gap up and price run. daily cancel may
become long wick and small body.
We may have to wait till Thursday if we are bullish or bearish
