The EUR/USD is probing key long-term trend-line support in the 1.39-1.40 region. Although, there is a strong possibility of an immediate loss, it is possible that a large triange is forming (currently in wave B). Also note that the Usd/Chf is flirting to break major long-term trend-line resistance. Expect bearishness towards the EUR/USD while trading below the 10 & 20-day MA's.
Strategy Summary: SHORT EUR/USD AT 1.4152 FOR A 1.3900 1st TGT, STOP at 1.4296
Strategy Summary: SHORT EUR/USD AT 1.4152 FOR A 1.3900 1st TGT, STOP at 1.4296
1 comment:
hello ruudboy,
thanks for your great blog...do you have any plans to start a subscription service so your clients could get your analysis sent to their email or mobile? i don´t think that anyone would mind paying for such quality analysis. thanks.
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