Mover Mike

There’s a new video out from Adam Hewison about the battle between the Euro and the U.S. Dollar.

This morning Colin Twiggs commented on the Euro/USD by saying:

The euro displays a triangular consolidation against the greenback — a continuation pattern. Breakout above resistance at $1.42 would signal another primary advance with a target of $1.50. Reversal below $1.38 is unlikely, but would warn that the up-trend is weakening.

Hewison with his Trade Triangles is saying the same thing and shows you why.  He even has a higher target, which means the USD will be in considerable difficulty.

Please enjoy the article and  comment below, email me at landfair3554@comcast.net or follow me @movermike

Mike Landfair

Tags: USD, trading //
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