Thanks Lighthouse. I'll chalk that one up on the "lucky" board! lol
It certainly was a pretty convincing breakout of existing range. I just hope the new range will be as successful to trade as the last. Things could certainly get interesting on the daily if we break 1.3725 IMO. USDi looks to be struggling ST and the EUR could provide some good opportunities against some of the others...As per Sharks post I have EUR/JPY on my watchlist as well. Especially with the increasing threat of inflation in Euro supported by ECB's suggested rate hikes.
BTW usually my charts are a little more detailed than the one I posted - I was nominated cook for the night and just through up my 5min monitoring chart from IGM.
By all means keep up the detailed analysis...I'm humbled by what many post on this thread.
:)
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Thanks Lighthouse. I'll chalk that one up on the "lucky" board!...
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