Today’s FX Trading Call  -  February 22nd                                

In the Short Term - The US Dollar is in a corrective recovery, with the Euro being the “last man standing” (so far):

EUR/USD: The Euro’s advance from last week’s 1.2975 low looks “tired” and is vulnerable to a correction, before the Uptrend is ready to resume. Today I am Selling the Euro, with protection above 1.3290 (initially), for a corrective sell-off back to at least 1.3160 but clear potential to extend nearer the low 1.3100’s, before the next good Buying opportunity is expected to present itself. See charts below.

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Disclaimer: Max McKegg & Technical Research Ltd accept no liability  whatsoever for any loss or damage that may result, directly or indirectly, from any forecast, comment or opinion, information or omission, whether negligent or otherwise, within this report.