Euro vs US Dollar D1 Live Forex Chart

EURUSD,D1 Chart By goodcharts

 Offline
Views
92
Agree
0
Following
0
0 guests and 0 members are viewing this chart
goodcharts
goodcharts Feb 25, 2013 at 07:30
Quantum analysis EURUSD, GBPUSD February 25

EURUSD

Past trading week successfully developed for bearish traders. The price broke all the main medium levels of support. EUR / USD is trading in line with expectations, confirming and perfecting targets. Medium-term outlook is the same - the price tends to ground level - 1.31, then - 1.3065 and 1.3026. As always, consider the intraday resistance levels and supports for more than short-term players. So, today, the initial intraday support passes the - 1.3187, then - 1.3167. Initial resistance - 1.3237, then - 1.3247. If before reaching support intraday price reaches the maximum allowed, with these levels of euro will sell. Targets with the same.
goodcharts
goodcharts Feb 23, 2013 at 20:38
The goal now is the level of - 1.31
goodcharts
goodcharts Feb 23, 2013 at 20:38
EURUSD

Risks a reversal confirmed, the euro could not be fixed by level - 1.3423, price reversed. And now the downtrend is in the medium-term expectations. Now is the time to return to the medium-term schedule and quantum channels that have been identified in mid-November last year. As can be seen from the graph, the price went up to the bottom wall (Fig. 1), the short-term price chart also listed on the support, but the other channel level (Fig. 2). These circumstances will again bear the players relax, have to accumulate enough power to overcome supports. After - the euro will go to the main goal - 1.31. Intermediate support the same: 1.3243, 1.3213, 1.3184.

So, the expected further decline to these levels. Bears need to break through the crucial levels of support, and while the market is confirmed.