Hello friends

Euro reject from 1.3030  support seem extend above 1.3100 with resistance first around 1.3110/20 and if bigger correction happen next around 1.3160 where we should see another round of sell orders to bring pair below 1.3000.

My recommendation is to enter short above 1.3100 for targets at 1.3020 and 1.2970.

good luck

Views: 495

Comment by Reza Ajorloei on March 14, 2012 at 12:07pm

1.3090 may act as resistance for today, look for 1.3050 break down , Enter short if H1 closed below 1.3050.

Comment by Reza Ajorloei on March 14, 2012 at 4:23pm

Euro touched 1.3010 low, watch 1.30 break for 1.2970/80 test.

Comment by sowMa on March 14, 2012 at 4:50pm

I think 1.3010 should be today's support ??

Comment by Reza Ajorloei on March 14, 2012 at 7:29pm

For US session maybe but it will inch lower in high probability next session.

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