Dear Readers
I have decided to re-open our weblog for forex618 members and also to the general public as well! We will be posting interesting articles and news, chart updates, analysis and special offers here, and we invite you all to watch this space regularly. 
Today I want to make a start by showing the EUR/USD chart, where it can easily be seen that we have a "bearish flag" developing on the daily charts. Our longer term view is bullish, but this daily chart suggests otherwise at the moment. However, don't forget that 30-40% of chart patterns fail, and this often leads to large numbers of stopped out traders. Best to wait for the brekout and then continue to trade in that direction.
Good luck and stay tuned!
James
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