Comment by Haitham653 on March 12, 2013 at 9:16am

EURUSD finds support at 1.2990, few pips above 1.2987,momentum indicators are neutral with bullish bias ,it's unlikely to make strong move below 1.3000 today,  I think there's an upside move left before attempting any strong move below 1.3000 levels, however, as long as 1.2987 holds, eyes on 1.3050 levels , above 1.3050 will target 1.3080/1.3130 levels, around 1.3080/1.3130 we might see strong fall towards 1.2900 levels...

Comment by Haitham653 on March 12, 2013 at 10:08am

15 min close above 1.3023 will bring strong bullish momentum to 1.3050/80 levels , stability below 1.3022 will keep 1.2987 under pressure!!! 

Comment by onetzen on March 12, 2013 at 12:18pm

Noted with thanks, Mr. Haitham

Comment by Haitham653 on March 12, 2013 at 12:25pm

Buy EUR/JPY with a 4 hour closing above 126.02 targeting 130.00 and 133.00 levels, stop loss below 125.20

Comment by Haitham653 on March 12, 2013 at 1:43pm

According to 1 hour chart ,we have resistance at 1.3080, above 1.3080 will expose 1.3135 levels..a rejection from 1.3080 may retest 1.3000 or even expose 1.2990 levels..

Comment by Peter jcp on March 12, 2013 at 1:53pm

Well done again Haitham - all these banks kept saying sell and yet we kept doing HL's and as you commented - until price goes under 2987 - it was still a buy - regards Peter

Comment by Bero maatouk on March 12, 2013 at 2:09pm

haitham we have to wait for an hourly close above 1.3080 to resume the bullish trend ?

and the same for the rejection ?

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