EUR/USD, target almost reached

mario-urlic-forex-eur-usd-03-11

The buyers have almost reached my predicted target in this week, but it seams that the FED’s statement stoped the pair just several pips away from the goal. Sure, daily technical picture shows resistance area exactly at the point of return, at the 1.1120/30 and by looking that, this was a top level for now. Daily MA100 stayed untouched at the 1.1133 level and minor SL’s are safe for now in between the daily MA100 and daily MA200 (1.1177).Huge stops are above that level and strong down trend line, at aprox 1.1200/50. This could be a some kind of consolidation level now and it’s not clear to me where the pair could go from here. Could buyers return it’s strenght and try to reach this stops again? They could try, the support at 1.1040/50 looks decent, the only problem on the way up from here is the H4 MA200. Let’s watch a while and see what next.

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2 comments

  • Odlicno, analiza pogodena skoro do kraja pa ako nece danas na losijim pdacima USD,mogla bi se nastaviti prodaja USD pon. i utorak ako se nastavi podjeljeni omjer u glasovima ukoliko do izbora se poveca razlika za Clinton USD nastavlja sa svojim dobicima -moje misljenje-. a za kraj nakon toliko godina cekanja .-bi zelio- pa ocekujem u 12 mjesecu prosirenje ECB-eovog programa te FED-ovo pustanje kamata i ako to ne bude za paritet ili blizu toga onda ga vise i ne cekam!Ali kao i uvijek ono sto ja zelim ne zeli i trziste pa se moj plan opet nece ostvariti! Obozavam kad analiziras ovaj par i zato ti hvala na tome! L.P.

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  • Mislim da ce biti jos jedan pokušaj bull charge ali sumljam da ce daleko,svaka cast cak sam i ja slicno razmisljao znaci napredujem nesto haha .pozz i drago mi je sto si se vratio , sto bi mi bez tebe 🙂

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