The price is currently around weekly support 1 pivot and monthly support 2 pivot level. 61.8 fib retrace somehow holding. Here's the trade plan ...

And here is another reason to look at some buy opportunities based on a daily chart (doji on daly and touch of fib extension):

Some extra carefulness should be in place, the downtrend is very strong ;)

Views: 636

Tags: EurUsd, analysis, techical

Comment by Pipomatic on July 24, 2012 at 10:02am

Tnx Alek .. I'm back from my vacation ..

Comment by pixta on July 24, 2012 at 10:37am

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