Euro trend is down as long as price hold below 1.3350/60 and we should see another leg down below 1.3200 for 1.3150 support test, further declines is not guaranteed at current situation.
Euro finally broke 1.3420 support and reached 1.3320 low, further lose should be in place after 1.3300 break for 1.3250 and 1.3150 target as long as hold 1.3400/1.3420 resistance.
Enter short around 1.3370/1.3380 and wait for 1.3300 break.
Added by Reza Ajorloei on November 24, 2011 at 8:03am — No Comments
Euro is consolidating 1.3810-1.3420 decline and we should see aggressive moves below 1.3400 now with targets located below 1.3200. Enter short below 1.3450 for 1.3200 test with stops around 1.3600.
Added by Reza Ajorloei on November 21, 2011 at 8:35am — No Comments
Euro touched support of hourly correction channel currently sited around 1.3400/1.3410 and bounced back above 1.3500 most likely for retest of mentioned channel resistance now around 1.3760. this move may take place during next 48 hours.
Added by Reza Ajorloei on November 16, 2011 at 10:22am — No Comments
Euro well moved down and reached 1.3480 important level and now is consolidating, For today 1.3500-1.3700 range move is expected , entering short above 1.3620 is recommended for 1.3550/1.3500 retest.
Added by Reza Ajorloei on November 11, 2011 at 10:32am — No Comments
Hello all folks
Euro is correcting 1.4246-1.3608 decline yet, next move will be selling as long as price remains below 1.3900, but H4 close below 1.3720 is needed for short confirmation. Enter short trade @ resistance levels for small 30-50 pips and wait for above mentioned sign.
Added by Reza Ajorloei on November 9, 2011 at 4:14am — No Comments
EURUSD recovery from 1.3608 extend to 1.3830 resistance area, 1.3600 retest could be seen in upcoming sessions.
EURUSD short at 1.3800 target below 1.3630 stop above 1.3900.
Added by Reza Ajorloei on November 2, 2011 at 2:18pm — No Comments