14 June, 2011

EU on June 15 2011

Target achived = 32 pips
Picture 4Picture 3
Picture 2

Picture 1

The EURUSD moved modestly higher again today. However, price did close well off the day’s high. Support sits near 1.4320, whilst price is above this support it is likely to move drift higher to sideways. Resistance comes in near 1.4700. If price breaks below support near 1.4320, we could see a larger move lower.


3 comments:

  1. AnonymousMarch 8, 2012 at 10:56 AM

    Hello,

    I was on this forum and they are talking about price action in forex, and I was wondering if it really is that simple to follow instead of all these fancy indicators that may clutter up my charts so much that I lose sight of what's important?

    Any help is appreciated.

    ReplyDelete
  2. UnknownDecember 17, 2013 at 3:45 AM

    I really appreciate this post. have been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thank you again
    iForex Signals

    ReplyDelete
  3. cherryjoyJune 28, 2018 at 4:17 AM

    Hello there,

    Interesting post, keep it up!! Know FOREX market'scurrent updates from here.

    Cherryjoy.
    MMF Solutions

    ReplyDelete

Subscribe to: Post Comments (Atom)