Wednesday, 10 April 2013

Strategy of the day on EUR/USD 10-4-2013

Strategy of the day on EUR/USD

The identify volume is currently examining the maximum of its medium-term 

bearish route at1.3120 indicating a decrease. However, a break of this stage 

will start a aggressive positive route. Specialized signs offer buy alerts, but 

until the stage of resistance is not damaged the supposition of a decrease is 

most likely. Bollinger groups are much removed due to a powerful improve 

these days. Stabilizing is predicted in the temporary. The identify amount is 

currently examining the maximum of its route, we recommend 2 

circumstances. The first one is the speculation of a decrease where we 

recommend a offer on the stage of 1.3120 with the 1st purpose at 1.3060 and 

then at 1.3040. A cutting-edge of 1.3140 will invalidate this situation. 

The second situation is a crack of its stage of resistance where we recommend 

a �buy stop� which ways to buy the identify amount as soon as it is damaged 

through its stage of resistance of 1.3120 with the 1st purpose at 1.3180 and 

then  at 1.3200. A cutting-edge of 1.3100 will invalidate this situation.

good luck

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