MARKET IS BULLISH, 21 ABOVE THE 55. PRICE PRINTED A HIGHER HIGH AND NOW A POSSIBLE HIGHER LOW. STOCHASTICS IS FACING SOUTH. I HAVE IDENTIFIED SUPPORT AT WPP WHICH IS ALSO IN THE FIB ZONE SWEET SPOT. IF BULLISH MOMENTUM IS STRONG ENOUGH TO BREAK THROUGH WM3/MM3 RESISTANCE, I EXPECT PRICE TO GET TO WM4 OR WR2 AS POTENTIAL TARGETS.

MY PLAN WAS TO LONG THIS PAIR AT WPP SUPPORT WHICH WAS ALSO THE FIB ZONE. I BOUGHT THE HIGHER LOW BUT WAS KNOCKED OUT AT BREAKEVEN DUE TO FUNDAMENTALS THAT WEAKENED THE EURO AND REVERSED THE UPTREND.