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- Caravanpark replied Mar 10, 2010
For quite a few days now, it seems to gravitate to 1.36 and pulls back to that level every time it gets 50-80 pips away. This can not last for ever?!
EURUSD
- Caravanpark replied Mar 10, 2010
1.37ish. There is absolutely nothing which indicates it will go up to 1.4
EURUSD
- Caravanpark replied Mar 10, 2010
Many thanks, much appreciated. What confirmation would you be looking for to go short and is this short term?
EURUSD
- Caravanpark replied Mar 10, 2010
I just can't make myself go long as there are still so many euro problems and possibly more to come.
EURUSD
- Caravanpark replied Mar 10, 2010
Yes but there is so much support at circa 1.3540 that it keeps bouncing back up. What will make it drop through?
EURUSD
- Caravanpark replied Mar 10, 2010
It is a key level now as far as patterns would be established. Above 1.3625 is an inverted head and shoulders. But if it goes back down from here it would be a stalled correction short. However, as all this pair seems to do recently is trade within ...
EURUSD
- Caravanpark replied Mar 8, 2010
If it closes today below 1.3625 there will be a high test bar on the daily chart and a very bearish sign for tomorrow.
EURUSD