EUR/USD is down again, but that's not news any more!

Posted on by 3 comments

eur-usd 05.11.

Few hours before European PMI data EUR/USD start to fall and after data just confirm one more bearish day. For now, supported at previous bulls level from November 03. at 1.2470/80 manage to recover few just few pips up. Stronger, if we can call that on this pair, support lies at two year low 1.2440/50. Could this triangle be the ‘leader of movement’, or the pair will try to find new low today? Euro recovery is limited as I see, but… How do you see the next movement here?

Advertisements
tagged with

3 comments

  • آل سام الأغنياء
    November 5, 2014 14:56

    ADP numbers was the reason for this jump, but great technical levels again on your analysis. 🙂

    Liked by 1 person

    Reply
  • Sandra Broker
    November 5, 2014 12:35

    Da, sada vidim na koju trendliniju i otpor si mislio. zaista je bila prilika za short na 1.2570.

    Like

    Reply
    • Mario Urlic
      November 5, 2014 12:38

      Yap!

      Like

      Reply

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s