Tuesday, July 10, 2012

EUR/USD Jul 10 -2012


EUR/USD intraday: the downside prevails.

Pivot: 1.2325.
Our Preference: SHORT positions @ 1.2315 with 1.225 & 1.221 as next targets.
Alternative scenario: The upside penetration of 1.2325 will call for a rebound towards 1.2365 & 1.24.
Comment: the pair has validated a bearish flag and should face further weakness.


Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities. Indonesia Analisa yang kami berikan adalah berdasarkan perkiraan pergerakan rata rata harga dalam satu hari. Tidak menjamin apa yang kami sampaikan adalah sesungguhnya menjadi tepat dan benar. Segala hal yang terjadi dalam anda melakukan keputusan terhadap transaksi trading yang anda lakukan adalah menjadi tanggung jawab anda.
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