Tuesday, July 24, 2012

EUR/USD Jul 24-2012


Trade Idea EUR/USD intraday: key ST resistance at 1.217

Pivot: 1.2170.
Our Preference: SHORT positions below 1.217 with 1.2065 & 1.2035 in sight.
Alternative scenario: The upside penetration of 1.217 will call for 1.22 & 1.223.
Comment: as long as the resistance at 1.217 is not surpassed, the risk of the break below 1.2065 remains high.



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. Visit Us www.deryworldscorp.web.id
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