EUR consolidated the whole day yesterday, today's morning started with a jump to the resistance area 1.3075 where SMA200 passes, this won't be broken so easily, but the EUR seems prepared to give it a try at least. Support can be found at 1.3030 and then at 1.2990, followed by 1.2960. Today is the end of the week and end of the month. There is plenty of data, but not of great importance. However i expect the EUR to try reaching 1.3120, but i can't say will it be successful. I expect a high volatility moves through the american session, so be careful, take profit and run away.

GOLD has dropped to 1180, like i have said yesterday entering the Monthly Ichimoku is very dangerous. Breaking below 1200 again may target 1150 and 1110, to low prices i think, someone must have seen this, but i wonder what they are waiting.

For today:

LONG EUR above 1.3030 SL 1.3010 TP 1.3105-1.3125-1.3140

SHORT EUR below 1.3005 SL 1.3025 TP 1.2960-1.2940

SHORT GOLD below 1200 SL 1206 TP 1180-1165-1150-1130-1110

LONG GOLD only scalping on pullbacks - must have enough experience with this

Good luck!

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Comment by anil chauhan on June 28, 2013 at 10:20am
Hello sir i like sell tgt 1111


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