Forum > View Topic
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
glad to know i"ll be fine:))
yes, appreciate all input from you and others.
digi...wtf??? what been doin??
you'll do just fine without us.... but it's nice to see you appreciating our small contributions(hopefully)..
longer term charts usually gives a better direction... and monthly chart says probability of move higher(and still a lot of room for move higher without affecting the downtrend bias) unless break below 2974(FEB LOW)....
my bias remains bullish until daily close below 3150(would mean caution for bulls) level....
let's see... break back above 3215 could start another bullish run toward my preferred 36xx level.... :)
break above 3215 confirms short term bottom and may see climb to 3320/40 resistance.... above 3350 would see challenge of main resistance line currently around 3430/40 level....
to the downside... clear break and close below 3150 would be initial signs that Euro may have topped at 3486 but needs break of 2974 to confirm.... below 3150... next support comes around 2990/3000 level...
gl/gt
from Friday.
'euro is higher prob for 3140'..
*****
reached down to 3160...
4 hr short since 3375/48 posis.....
now sitting on top weekly fibo...has daily double top for containment...
but daily channel looking like short term bottom on move down...
move below 3114 confirms downer cont....current 3187..
short term move back high prob...
deep short bias..
as always remember..'if it's in the news, it's in the charts'
good weather...swfl....Canadians invade...they blend in almost :)))