SubscribeIf prices can penetrate the 1:35 point it is a bearish confirmation, the trend remains in the down position. This is the end of pergerkan trending down, to confirm the length, the movement will go back to a point 1.4 next month.
Thread: Eur/Usd
If prices can penetrate the 1:35 point it is a bearish confirmation, the trend remains in the down position. This is the end of pergerkan trending down, to confirm the length, the movement will go back to a point 1.4 next month.
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The Euro has dropped across the board, giving away previous gains, after the mini summit between Merkel, Sarkozy and Monti failed to deliver any agreement on Merkel's reluctance to launch the Euro-bonds.
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Immediate resistance is
seen around 1.3540, a clear break above that
area could trigger further upside pullback but
as long as price stays below 1.3540 1.3615 I
still prefer to short on rallies.
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EUR/USD
in Japan session couldn't break pivot.
EUR/USD might continue down.
If it can break pivot @1.3399, then EUR/USD might go to 1.3462.
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This is the end point, have a buy position to the point of 1.3600. This is the configuration of bearish movement. selahakan you open a transaction open buy from now. use of good management with a minimum of 40 point SL
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Maintaining the course in 1.35 will strengthen our bearish sentiment on parity.
The downward breaks 1.3450 then 1.34 then offer new sell signals for an extended downtrend towards 1.33.
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EUR/USD is sidelined and has been for the last 5 days. Near term the market is upside corrective, immediate resistance is provided by the accelerated downtrend at 1.3562 and the 23.6% retracement at 1.3616.
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if the movement is still below 1.3505 or 1.3514 it will cause the movement will fall back to the point of 1.3460 or 1.3415. after it formed a triangle configuration., expected correction in prices will move the point of 1.3540
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The pair failed to finish the session higher after press reports noted that settlement system CLS Bank International, the backbone of the foreign-exchange market, is running stress tests to prepare itself for the possible break-up of the euro
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movement should provide support to 13,600 points. if this point the price will go back UP impregnable. Under a weak point in the range 13 422. if the penetrating 13,422 points in the point of the movement still downtren
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