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MarcinO
Rep: 67
Posts: 5,506
Apart from the area posted on Friday (1.13 and below - .886 ABCD) the Euro may also encounter strong support at 1.1240 (1.128 ABCD).
Since the latter scenario includes a backtest, I guess it is more likely to give a significant reaction.

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6e 2015 02 08 png
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jimkane
Rep: 3,058
Posts: 33,089
Finally a little something.
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jimkane
Rep: 3,058
Posts: 33,089
Well, it was a slow grind for about 11 points so far, but it was a very nice play, and may even have a little bit more left. And a nice finish to the week on yet another new all-time high. We may now be in the mode where that happens again daily, or multiple times daily. Unless the big meeting Monday with Greece blows up.
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jimkane
Rep: 3,058
Posts: 33,089
Right to the 1.272 ext ret of the pullback. Just wonderfully easy trading action, in my very humble opinion. And it's just an opinion. But that's my story and I'm sticking to it.
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jimkane
Rep: 3,058
Posts: 33,089
Mini-session runs for 45 minutes on Friday, and it sets another new all-time high. Gonna be sayin' that a lot...