Chronicle of the biggest, deepest and most liquid market in the world, the Eurofx market, traded on interbank spot forex market as Eur/Usd and on IMM as the Eurofx futures. Patterns include CCI patterns ZLR etc. IMPORTANT notice: Nothing in this website constitute any advice to buy or sell financial instruments. The contents of this website are for EDUCATIONAL purposes and should not be construed to constitute investment advice. Charts will be from FXCM Power Charts.
20051110 Ater the big moves since the Employment report last Friday, EuroUSD has a chance to settle down and scribe a consolidation pattern, a breakout of 1.1793 and breakdown of 1.1713 would lead to trade for a move of the width of the channel about 75 pips. 
EURUSD chart
posted by emacro @ 5:23 AM
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