Tuesday, July 31, 2012

EUR/USD Jul 31-2012


EUR/USD intraday: consolidation.

Pivot: 1.2330.
Our Preference: SHORT positions below 1.233 with targets @ 1.222 & 1.217.
Alternative scenario: The upside penetration of 1.233 will call for a rebound towards 1.239 & 1.244.
Comment: as long as the resistance at 1.233 is not surpassed, the risk of the break below 1.222 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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