EUR/USD Daily Technical Analysis 01 May 2012

Amy Forex

Member
Messages
90
Likes
0
Hi all,

Today we expect the EUR/USD prices to for the third top at the 1.3270 level and should it breach up this level, the next target would be towards the 1.3330 level.
However the general trend of the market still bearish. If the prices rise , this would represent a great opportunities to enter a sell positions.

However, if the prices breach down the main key support level of 1.3223, this will push the prices down to reach the 1.3179-1.3156 area.

chart01.png


Good luck ;)
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter
 
Top