Tuesday, July 17, 2012

EUR/USD Jul 17 - 2012


Trade Idea EUR/USD intraday: the upside prevails.

Pivot: 1.2245.
Our Preference: LONG positions @ 1.2255 with 1.232 & 1.2335 as next targets.
Alternative scenario: The downside breakout of 1.2245 will open the way to 1.221 & 1.2175.
Comment: the pair remains on the upside.


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.
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