Hi folks,

EURUSD as shown in above picture hesitate to break below 1.3000 barrier, strong pullback above 1.3050 expected for 1.3080/90 retest and  after consolidation around there breaking 1.3100 for 1.3130/50 target test, from there we should reassess upcoming moves ahead.

My recommendation for today is entering long for 30-50 pip around 1.3040/50.



Views: 894

Comment by Reza Ajorloei on March 15, 2012 at 10:42am

hi spiro

our job here is not prediction, just sharing thoughts....!

Comment by sowMa on March 15, 2012 at 11:16am

This site is useful  to share ideas and to take their own decision to enter a trade.

Comment by Reza Ajorloei on March 15, 2012 at 12:10pm

1.3070 seem to be resistance for now, triple top in M15 may lead to 30-50 pip sell off again.

Comment by Reza Ajorloei on March 15, 2012 at 3:13pm

Euro touched  first channel resistance at 1.3080 now we should see next move more likely selling to 1.3040/30


You need to be a member of Forex Social Network to add comments!


Join us on Facebook Now!!!

Hi everyone

This website was closed June 2nd 2015.

Please, join us now at Facebook where you can keep sharing your thoughts about Forex with our community of traders:


OVER 2,500 READERS!!!!

© 2015   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service


Live Video