Wednesday, May 16, 2012

EUR/USD

With the 5 min UUP ($USD) chart looking like this, I'll be watching the EUR/USD pair pretty closely tonight

 There has been 5 min 3C confirmation in UUP for weeks, this divergence, most of which was today, is peaked my interest.

Additionally, this little pattern that formed in the Euro after the market closed (a bullish ascending triangle-but small enough not to draw too much attention) is also interesting.

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