Reply To: Excercise No. 2
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November 19, 2015 at 12:34 pm
#1886
Rich Fitton
Keymaster
Hi George, good stuff π
Taking MOR and control together as a concept puts EURUSD as a strong sell. For GBPUSD I’d like to see sellers take out those latest swing low before we’d consider them fully back in control. It would give a downside pulse to negate the buyer’s current strength (I’ve attached a chart here for you).