Updating my post from one week ago (May 7th).
Overnight the /6e (EUR/USD future) reached its bat pattern completion target 1.1417.
Should we see additional bullish move higher in the Euro, like a break above 1.1550, then an attempt at a crab pattern up at 1.2198 is on.
For now, watching for roll to bears.
- By: moneymiser21
- On: 5/14/15 3:18AM
- Viewed by 10 SocialTraders
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Explains the drift up in the Euro. 5/14/15