Start of new week - I attach my 4H chart below.
Note that the green trendline represents the trendline support on the Daily chart.
There are some obvious S/R levels on the 4H chart and I have also higlighted the 50% fib from the recent swing high / low which is around 1.4200 (to the nearest round number).
I'm waiting to see how the price reacts when it gets to the next support or resistance area.
The next two days sees economic news releases of EUR Industrial New Orders this morning and US CB Consume Confidence tomorrow.
P.S. for a good summary of Jacko's method (which forms the basis of my trading style), please visit the following post http://www.forexfactory.com/showthread.php?p=1978964#post1978964
