Tuesday, April 6, 2010
6 Apr, Eur/Usd - Head & Shoulder
Eur/Usd. Last night was watching the price forming the right shoulder in 4H timeframe, but did not enter the trade. Price had formed a beautiful right shoulder now 11am singapore time - with both shoulders rebounding off brown 100SMA and the head rebound off light blue 200SMA. Sweet, but no trade.
Staying and watch the RBA rate announcement later, till then.