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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
i try to give a time frame before the opening tonite. it could be 13520-30 i try to have a average level by project with former wave and f number.
but BTW at this level is it possible?
delgrodel, see the HotChart of 2 weeks ago on EURUSD. Im allowing for a rebound to as high as 1.38 but downtrend is still intact and 1.32 target is here to stay.
Ashraf
I'm sorry if this has been asked many times before, but the reason I feel compelled to ask here is because I respect your analysis above that of any other analyst. And as such, I would like to hear your opinion on the short-term direction of the Euro. Do you think, given the slew of important news coming out, it is realistic that EURUSD could rebound to the 1.3800-900 level this week? Or is it more likely to be capped at the recent highs followed by consolidation or a re-test of lows?
Thank you for your time.
-Alan
EXPECT A SUPPORT AROUND 1.3550
Just waiting for that next shoe (Spain) to drop.