Daily Analysis – 02/22/2012

By February 22, 2012Analysis

Charts of The Day

 

EUR/JPY

 

EUR/JPY is at the resistance zone that was marked in an earlier analysis. The technical trigger for the move up is inside the green box: an FBO at support. Very nice payoff for those who jumped on it.
 

 

On The Calendar (All times US EST)

EUR 4:30AM German Ifo Business Climate
AUD 5:30PM RBA Governor Stevens Speaks
 
Learn to trade the inside bar and Falso Break Out (FBO) combination profitably and consistently with the Forex Market Master Price Action and Risk Analysis Trading Course.
 
I’m currently running a special discount on our Forex Market Master Risk Analysis and Price Action Trading Course until the end of the month. Be sure to check it out.

 

For more information and further in-depth analysis of additional currency pairs, check out the exclusive ‘Members’ community that’s included with the FOREX Market Master Risk Analysis and Price Action Trading Course and lifetime membership.

 

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