Sunday, April 25, 2010

Euro tests MS1

Eur.usd tested and held the Monthly S1 pivot(green line marked S1) last Friday and the weekly S1 pivot(short white line). Ms1 has 75% odds of being the low for the month. Ditto for Weekly S1, being the low for the week, or daily s1 intraday. Euro looks bullish to me down here.