Wednesday, October 17, 2012

15th-20th oct 2012 EUR.USD weekly Analysis

EUR/USD:The single currency trend is to the upside,we recommend buying the pair around 1.3050/30 area and stop at 1.2950. our first target at 1.3130 then if well cleared will give rise to 1.3160/80 area and above. We stood on buying any pullback upon the break of the rising resistance.
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2 comments :

  1. FOREXKING (Admin)October 18, 2012 at 1:20 PM

    The pair rocks in a consolidation mode now acquiring energy to break out. we are watching the price action for a good entry area. Good luck and happy pips.

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