EUR/USD 4H CHART |
Scrawling Charts is a FOREX market technical analysis blog where you can find outlooks and forecast of the most popular currency pairs, whether short, medium or long term, so you have a complete view of what is happening on the market and adjust it to your trading style. Also you have the option of trading ideas area where you have access to our picks and strategies in different pairs.
miércoles, 31 de octubre de 2012
DOES EUR/USD GO TO @1.35 FIRST?
The other possibility that we talk about is that the EUR/USD should go to around 1.35 before down. So for that we need a new low to begin the bull trend. How you see in the chart the possibles targets for a FLAT correction are 1.2878 and 1.2797. We must prepare if we see these levels. Also look the Stochastic indicator, we could expect to repeat the movement occurred the first swing down from 1.3170.
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