Tuesday, June 5, 2007

Daily FOREX Review - June 5

Euro, Japanese Yen, and British Pound are all on the move in this premarket briefing from our Dynamic Structure Trading Room. We recap a pattern completion in the Euro as we look at target and stop placement strategy and statistical correlations. The Japanese Yen retested spike highs near 122.00 before moving into a visual pattern completion to signal a long entry, while the British Pound comes onto the radar for a potential short entry.

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