The Euro has not changed much since yesterday and the signs are still bullish. The RSI is supported by a rising trend line and remains just above the 50% marker. I still have an uneasy feeling though and will keep my positions small and my stop loss tight.
IMPORTANT LEVELS CHART
1.349 euro 270813
* = Last Price
Our preference: Long positions above 1.333 with targets @ 1.341 & 1.345 in extension.
Alternative scenario: Below 1.333 look for further downside with 1.3295 & 1.327 as targets.
Technical Commentary: The pair stands above its support and remains on the upside.
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This post has been edited by johnsmith00710: Aug 28 2013, 02:53 AM