EUR Weekly Wedge

by Ashraf Laidi
Feb 2, 2009 14:09

EUR Weekly Wedge - EUR Feb 2 (Chart 1)

EURUSD remains supported at $1.2660 TL, which is bottom of wedge from mid December. A breach below faces multiple support points ($1.2480, 1.2390 and 1.23). No ECB rate change seen a positive price development but escalating fears of EUR bank downgrades & reduced risk appetite from US data seen testing the lows. Next run-up target stands at $1.35

 

More Hot-Charts

  • Gold update

    Feb 5, 2025 13:40 | by Ashraf Laidi
    سأرسل مذكرة توضيحية للمجموعة حول هذه المخططات Will discuss the latest technical parameters on the WhatsApp Bdcst Group..
  • Twenty Seven

    Jan 29, 2025 20:28 | by Ashraf Laidi
    سأرسل مذكرة توضيحية للمجموعة حول هذه المخططات - Will discuss the latest technical parameters on the WhatsApp Bdcst...
  • Gaps & levels فجوات ومستويات

    Jan 28, 2025 18:12 | by Ashraf Laidi
    سأرسل مذكرة توضيحية للمجموعة حول هذه المخططات - Will discuss the latest technical parameters on the WhatsApp Bdcst...
Hot-Chart Archives
Comments (Showing latest 0 of 0) View All Comments