Monday, July 30, 2012

EUR/USD Jul 30-2012


Trade Idea EUR/USD intraday: key resistance at 1.239.

Pivot: 1.239
Our preference: Short positions below 1.239 with targets @ 1.224 & 1.217 in extension.
Alternative scenario: Above 1.239 look for further upside with 1.244 & 1.247 as targets.
Comment: the RSI is capped by a bearish trend line.



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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