TMV Swing Trading Report – Long December Eurocurrency @ 1.3547 – last price @ 1.3630
December Eurocurrency rallied off the peg-leg bottom formation and the lower downward sloping parallel line. I view this as a short-term swing trade opportunity as the euro trades higher into the September 28 reversal date. The market is slowing indication of losing momentum on the short-term chart. I recommend closing the position and waiting for the next signal pattern for form.
December Eurocurrency - click to enlarge
