Here below please find attached the video-analysis of the Euro FX currency futures for today May 29th:
As said in my last review the Euro is in a box play between 1.2910 and 1.3230. There is still a possibility that we move higher due to the continued support coming in the 1.28-1.29 area. Still no need to rush in now.
In the above video I review the daily, 4-hour and 15min charts for the Euro FX futures (this is not the EUR/USD spot, but the measured moves are the same, so you can easily find them). If price moves below the 1.2918 level, the 15min extension long currently being observed by price will fail and the short scenario will be back in play.
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