LADEEc57
Long

Algorithms Set to Counter a Recovery Breakout

FX:EURUSD   Euro / U.S. Dollar
25 0 2
FX:EURUSD             Sunday's trading session should see a flood of algorithmic trading tactics set to trigger sell stops at lower levels, hampering a recovery in the process. Looking for a retest at support line; 1.1292, followed by a lower extension towards 1.1252 target. A price consolidation at this range over a few time intervals should see a recovery late into the session followed be a breakout towards 1.1344 level. Take out the popcorn & lets watch the show.
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