View: EURUSD_Daily_May142015.jpg


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.


Forgot much of EU continent is closed for Ascension Day (40 days after Easter). 
Explains the drift up in the Euro. 5/14/15