EUR/USD Daily Video, April 27, 2011

Good morning,
Market has strong upside momentum. But 1.4750 – strong area of resistance.
Currently market could show retracement lower and 1.4615-1.4630 is the area that should be tracked for buy signals:

ForexPeaceArmy | Sive Morten EURUSD Daily 04.27.11

The technical portion of Sive’s analysis owes a great deal to Joe DiNapoli’s methods, and uses a number of Joe’s proprietary indicators. Please note that Sive’s analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

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