EURUSD - Intraday Strategy (22 Jan 2013)

Pivot: 1.3332

Recommendation: LONG positions above 1.3332 with 1.3365 & 1.3390 as next targets.
Alternative scenario: The downside breakout of 1.3332 will open the way to 1.3279/1.3247.
Comment: The pair's already broken above the key resistance 1.3332, above this levels will push the pair higher towards 1.3365/90 levels, even may break above 1.3404, below 1.3332 will call for a rebound to 1.3279/1.3247 levels..

Best Regards
Haitham

Views: 2209

Comment by Florence Lery on January 22, 2013 at 2:13pm

and Hollande has said that euro is out of crisis - I think he is living in wonderland...:)

Comment by Haitham653 on January 22, 2013 at 2:24pm

Yes, he is !!!

He probably forgot that the EURO is supported by lot of countries, such as UK , Germany and France !!

Comment by Florence Lery on January 22, 2013 at 2:27pm

couldn't agree more

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