A stop out and a flat trade (see EURUSD), but at least for the second time this week, we saw signs of life with volume, and that is important. Hopefully it bodes well for the coming week.
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts heading into the new week (not much to see, but look at EURJPY), and then glance at the US Dollar Index (nothing to see there).
Here’s a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
riggered long at A and stopped. Triggered short at B, didn’t quite make it to the first target, and stopped over the entry at C:
