Pivot: 1.3350
Recommendation: LONG positions above 1.3350 with 1.3500 & 1.3590 as next targets.
Alternative scenario: The downside breakout of 1.3350 will call for a rebound to1.3250/140.
Comment: As long as the pair trades above 1.3350, more gains are suggested to 1.3500/1.3590 levels, a breach below 1.3350 will delay the bullish move and open the way to 1.3250/1.3140 levels, you can wait for a pull back towards / below 1.3400 to long the pair !!!
Best Regards
Haitham
Comment by Haitham653 on January 25, 2013 at 2:19pm My pending order "buy stop" activated today at 1.3410, I exit the market at 1.3450...
hope anyone long with me...
Comment by Bero maatouk on January 25, 2013 at 2:28pm i'm still holding 2 long haitham think it's gonna close at 1.3485 !!!
Comment by Samuel Wong on January 25, 2013 at 2:31pm
Comment by Haitham653 on January 25, 2013 at 2:33pm I think it will close around 1.3450 in a range of 20/30 pips, above/below !!
Comment by Bero maatouk on January 25, 2013 at 2:39pm ahh okiii haitham thank you sir :)
Comment by 1forex.vn on January 25, 2013 at 2:58pm
Comment by Florence Lery on January 25, 2013 at 3:07pm Yes I did - thanks and still in it with one position!
Comment by Florence Lery on January 25, 2013 at 3:49pm if daily closes above 1.34 tonight then next week we will see new high...sl to BE on second position ...;)
Comment by kalpana mahajan on January 25, 2013 at 3:49pm Yes, i did Haitham. Thanks a lot. Keep guiding us.
Comment by Florence Lery on January 25, 2013 at 3:59pm few days ago during the consolidation I mentioned that e/u kept closing on 23.6% of daily chart - those bounces are very powerful and very bullish...
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