The pair succeeded yesterday to achieve our target around 1.4765 - fibo 123.6 correction  and stabilized above the next level 138.2 - 1.4835 this morning !!

Now the pair is heading toward our target in the weekly report around fibo 161.8 correction at 1.4952 , be careful we are so close from the psychological level 1.5000 , so we may witness some or high volatility around this level ...

 

Daily Support         1.4835 - 1.4765

Daily Resistance    1.4950 - 1.4900

Trading Range        1.4800 - 1.5000

Trend Direction       Upward

 

Recommendation : Buy the pair at 1.4835  S/L 1.4780  T/P 1.4955

 

Regards

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Tags: Dollar, EUR/USD, EURO, EURUSD

Comment by Haitham653 on April 28, 2011 at 6:36am

Yesterday I didn't have time to post this chart , it confirmed the breakout !!

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