Thursday 29 August 2013

Forex Strategy Video: EURUSD Flashing Breakout Warnings



EURUSD has proven surprisingly stable over the past few weeks despite tumult seen in other benchmarks like the US equity indexes and the yen crosses. That stability may ultimately prove complacency however which sets the pair on a countdown to a return to 'normal' - or in trader vernacular: 'it's a breakout risk'. We discuss the evidence of the breakout threat - from the technical congestion patterns to the extreme drop in implied volatility - along with what catalysts to watch and strategy to use in today's Forex Strategy video.

Source: http://dld.bz/cNQMc 

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