Posts Tagged ‘EURUSD’
EURUSD Analysis 2010.12.31

EURUSD is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (1.3324) or a fall towards (1.3073) in the coming session. We have to wait and watch the movement of the instrument from current levels.We prefer to wait for break of upper or lower barrier.

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EURUSD Analysis 2010.12.30

We may see the instrument move in the range of (1.3284 – 1.3073) in today`s trading session. We need to see a close above (1.3284) or below (1.3073).We should wait for the victory of either team players (Bulls or Bears).

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EURUSD Analysis 2010.12.29

We prefer a downside scenario at this phase. Since bias is bearish in nearest term targeting (1.2830). Another move back above (1.3284) could lead us to neutral zone.Sell on rally for today with a stop loss above (1.3284).

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