Hi Ashraf!! Hi Traders Trend bearish all time frames, but test this week important suport monthly box [1.1575,1.1890]. Until now any signal for a temporary bottom at this levels, but i change my view this week, Strong Bearish to Bearish neutral, because this cross test important suport/box montly chart. Key number short-term 1.2350 below key expect new lows target 1.1750 ( look to chart fibonacci areas>> perfect testing upside and dowside). Last session possible temporary top is formed 1.2152 because for now, resistance hourly range [1.2154,1,2165] and daily chart [1,2154,1,2178]. If close hourly above 1.2178 new resistance range [1.2233,1.2250]. Suport hourly 1,20 and range [1.1940,1960]. Close hourly below 1.1960 expect more damage first target last low 1.1875 and second target 1.1750. Nothing new follow the pattern of last weeks. Pattern?? Looking to daily chart EURUSD tested friday last suport box now resistance this pattern have 6 weeks. Friday test EMA 21 represent for now important resistance. Have a nice week many pips and points for all Charts Here:http://bit.ly/8Z9Gklhttp://twitter.com/Marketrend
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Hi Traders
Trend bearish all time frames, but test this week important suport monthly box [1.1575,1.1890].
Until now any signal for a temporary bottom at this levels, but i change my view this week, Strong Bearish to Bearish neutral, because this cross test important suport/box montly chart.
Key number short-term 1.2350 below key expect new lows target 1.1750 ( look to chart fibonacci areas>> perfect testing upside and dowside).
Last session possible temporary top is formed 1.2152 because for now, resistance hourly range [1.2154,1,2165] and daily chart [1,2154,1,2178].
If close hourly above 1.2178 new resistance range [1.2233,1.2250].
Suport hourly 1,20 and range [1.1940,1960]. Close hourly below 1.1960 expect more damage first target last low 1.1875 and second target 1.1750.
Nothing new follow the pattern of last weeks. Pattern??
Looking to daily chart EURUSD tested friday last suport box now resistance this pattern have 6 weeks.
Friday test EMA 21 represent for now important resistance.
Have a nice week many pips and points for all
Charts Here:http://bit.ly/8Z9Gkl http://twitter.com/Marketrend