Week ahead – EURUSD
EURUSD is at the moment in a range territory. The pressure is on 1.30 and the extensions is offering a hint: 2915 as a target zone. Daily close below 1.30 would trigger some kind of short selling. On the other hand as long as we can close above 3150 chance of reaching 1.33 is highly probable. Let’s see what is going to happend.
Have a great trading week.
lechiffre
EURUSD – update
April 25, 2013 at 7:17 am[…] has moved down as I have expected. Right now I am assuming that there will be enough orders to move the pair higher up to 1.31. So as […]