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Active gap in currency

so, we've gapped up on a daily and weekly chart. The day is young and most gaps are filled the same day. Therefore, you have active sellers here knowing the odds of closing the gap today are enormous.

That said, the last gap in the EUR was back in May of 2012, it looks like. if the weekly gap holds, you can see what to look for.

GBP also gapped. and still looks good. there is R at 161 to overcome. the monthly looks intact, also. this looks to be the surprise horse if it continues to push higher. that would break the megaphone to the upside with maybe rather large upside. 170 would be next and then.... ???

icd

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Active gap in currency
Re: Active gap in currency
Re: Active gap in currency