Hi Traders,
We notice on the 4 hours chart that the EUR/USD prices decreased from the 1.3379 level on April , 4 , 2012 to the 1.3031 level , however , it witnessed some corrections within an upward triangle , so today we expect it will continue its rising movement towards the 1.3142-1.3150 area , should it breach up this level, it will push the prices up to reach the moving 100 at the 1.3230 level , however , if it will not succeed in breaching up this level , this is a signal that the prices will resume its general downtrend movement .
As for the key support level lays at 1.3054.
Good luck for all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter
We notice on the 4 hours chart that the EUR/USD prices decreased from the 1.3379 level on April , 4 , 2012 to the 1.3031 level , however , it witnessed some corrections within an upward triangle , so today we expect it will continue its rising movement towards the 1.3142-1.3150 area , should it breach up this level, it will push the prices up to reach the moving 100 at the 1.3230 level , however , if it will not succeed in breaching up this level , this is a signal that the prices will resume its general downtrend movement .
As for the key support level lays at 1.3054.
Good luck for all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter