EUR/USD at the end of the week!

eur-usd 12.12.

I didn’t have much to analyse in the last two days, I can only conclude this week with EUR/USD H4 chart. My previous analysis was showed enough for this week, like EUR/USD from December 09.  I pointed then, that EUR/USD will go higher, and that 1.25 will be the next bulls target and pointed that level as an resistance. Well, bulls manage to catch 1.2495 high this week at it seams this is it. MA200/H4 is holding the pair on the way up and euro can’t manage that. 1.2350/60 manage to hold the pair on the way down and that’s all what we have seen here. Without too much excitement, but technicaly precise moves. Enjoy your weekend traders! 😉

Advertisements

Leave a Reply

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

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 )

Connecting to %s