The ES stopped at 2007 doing a great job hitting stop loss orders.
A stronger resistance is between 32 and 44, I guess.
But before that, I would suppose a correction to low 70s.
MA
MarcinO
Rep: 67
Posts: 5,506
Aussie broke below my area, then reacted off 0.7455, which seems a minor level.
0.7420 is next, I guess.
0.7420 is next, I guess.
MA
MarcinO
Rep: 67
Posts: 5,506
So the Pound remains withing established range, but at least it started to move in less choppy manner.
MA
MarcinO
Rep: 67
Posts: 5,506
Pound keeps on rising. This is the fifth approach to 30-40 range.
Maybe now?
Maybe now?
MA
MarcinO
Rep: 67
Posts: 5,506
Once this nice move in the Pound started, Aussie has been moving sideways.
Sooner or later the opposite will happen, when machines switch from one market to another.
Sooner or later the opposite will happen, when machines switch from one market to another.




