Technical Analysis Reports wrote an interesting post today on
Here’s a quick excerpt
EUR Comment: Looking for direction as we squeeze higher yesterday only to dip below the bottom of the Ichimoku ‘cloud’ today. Expect more nervous intra-day moves roughly between 1.5525 and 1.5625 this morning and probably a short squeeze late today. Strategy: Buy at 1.5565; stop below 1.5500. Add to longs on a sustained break above 1.5650 for 1.5700 short term and then 1.5750. EUR/JPY Comment: Dipping below the 26-day moving average inside a potential ‘broadening top’, both on the daily and on

Read the rest of this great post here