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Forex Market: News/ Trend/ Technical Analysis
Market Expectations: EUR/USD
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Topic: Market Expectations: EUR/USD (Read 4781 times)
pranjali
Hero Member
Posts: 452
Market Expectations: EUR/USD
«
on:
March 12, 2010, 07:42:51 am »
Stochastic indicator for the pair Euro against the U.S. dollar appears saturated in the procurement process as shown by the hour and four hours chart, the pair failed to break the resistance level at 1.37050, we expect today decline for the pair to the target level of 1.35800, and this requires penetration of the near support level 1.36620.
http://www.fxcbs.com/newsletter/images/EURUSD.gif
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