Saturday, August 25, 2012

EUR / USD

Trade Idea EUR/USD intraday: caution.

Pivot: 1.2485.
Our Preference: LONG positions above 1.2485 with targets @ 1.255 & 1.2585.
Alternative scenario: The downside penetration of 1.2485 will call for 1.2425 & 1.2385.
Comment: the pair is facing a pull back, the RSI is mixed and calls for caution.



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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