Exclusive Euro daily analysis.

forex-refuge

Junior member
49 0
if selling euro please relax
this pullback is necessary for a lower low to form and euro still looks good to test 12430 so relac your nerves as we may see res 12518/12525 putting the bears back in dominance

As we approah asian session, traders should still have a bearish perspective on euro and we are likely to see res 12518 pushing euro further down so a sell limit at that level will be ideal.

G night

We saw how res 12518 pushed the bears back in motion. Nevertheless traders are still expected to wait and sell euro as we are still likely to see a bearish voyage to supp 12465/12430. Trade with care and use good money management which remains the only way to making consistent and sustainable profits in this risky business.

Happy pipping
 

forex-refuge

Junior member
49 0
We saw how res 12518 pushed the bears back in motion. Nevertheless traders are still expected to wait and sell euro as we are still likely to see a bearish voyage to supp 12465/12430. Trade with care and use good money management which remains the only way to making consistent and sustainable profits in this risky business.

Happy pipping

For those who would like to join me on skype.

If you are on skype just add forex refuge to contact and i will accept you right away and if you don't have Skype simply google "download skype" click on any download link and install it on your system.
 

forex-refuge

Junior member
49 0
hmm 12635 beckons on euro then we just may see a good pullback so we will wait to see how res 12635 reacts. if that res hold then we exit the bullish position leaving the bears to continue.
 

forex-refuge

Junior member
49 0
hmm

12635 beckons on euro then we just may see a good pullback we will wait to see how res 12635 reacts.
if that res hold then we exit the bullish position leaving the bears to continue.
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock