A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings again, Everyone!
A Brief Update as The Queen continues with perhaps the “strongest” Trend ( with the Aussie) we have in The Markets of late… as She attempt to keep The Euro from any more significant Correction in the Immediate-Term.
We arrive a new “Transitive Rollover”, with Fib Variant Extensions from the Hourly 1.5853 Upleg arrive with Accuracy.
The Elipsed and Highlighted Areas still remain Valid on the Hourly View… as Corrections are still Warranted in the Near-Term.
( They may not be seen in the Immediate-Term, as we approach the 1.6400 Handle as we spoke of during the last Post… )
Here is the Hourly Capture, so give it a Click for Levels…. and Post-Time for this Update is 7:30 GMT.
The Euro Pound sees the L.R. Channel Mid-Line as a significant Area of Reference in measuring Speed and Momentum of Pound Strength, so give the Capture a Click for Commentary.
We have U.S. Data on the way to begin The Week with Core P.C.E. and Personal Income and Construction Spending… although not before German, EU, and U.K. PMI.
The 7:00 GMT “Currency Majors Technical Perspective” Report has just been published, so please feel free to have a look for some Immediate to Near-Term Detail on the Four Major Units!
As always, I will have more Updates on the way as we observe the Strength and Depth of these Corrective Sentiments that are currently attempting to materialize as we move forward.
