EURUSD - Hammer - 1.25 resistance Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Aug 22, 2012 7:59 AM

On the pennant lower line we can see a hammer. This could be the end of the retesting, and the next move could get euro to 1.25

Comments

holywooodfx

⋅ Aug 24, 2012 9:16 AM

Agreed.

Razvan

⋅ Aug 22, 2012 8:09 PM

it looks like even though it wasn a movement right from that point, it went right to the target price, after a 1.2440 retesting.

1010oo

⋅ Aug 24, 2012 9:07 AM

It happens in most of times , dude ! ;)

1010oo

⋅ Aug 22, 2012 1:11 PM

Disagreed.

Razvan

⋅ Aug 22, 2012 1:32 PM

you are right :)...the positioning is changed now...but at that moment the signals were bullish

The_Bees_Knees

⋅ Aug 22, 2012 9:00 AM

Agreed.