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Tuesday, 25 January 2011
Thursday, 6 January 2011
Precise forecast on EURUSD
Yesterday our anticipated target TP2 was reached. The pair got rejected @ 3430 as commodities (gold and oil) sold off, and after the false breakout returned to 3300 lows. What can't go up must go down. Now we have a double top on H4 with a neckline @ 3250, targeting 3160. Currently all timeframes are bearish but shorter ones are exhausted. Watch 3250 & 3200 supports closely. Below 3250 possible targets are 3230, 3200, 3160, 3120. On the upside, above 3330, 3370, 3400, 3440, 3480.
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