Euro/ USD update(daily)

FX:EURUSD   Euro / U.S. Dollar
858 10 12
After a low swing bounce off S3 the EURO             has had a nice move up.Currently it's above R1 , if it can clear R2 the next near term target is R4.
>>>>just a reminder to take some or all of your profit at resistance or support especially when you have divergences
It is time to go down :) ... first target 1.3000
nmike MOD ForexPic.com
@ForexPic.com could be, at least to S1 near term
Next month will be very interesting and i believe very volatility.
>>>>R4 broken, should reach R3 soon
>>>>> currently below R1, could see EURO fall to S1 near term
thank you Mike, enjoy your weekend
Excellent trade thanks for sharing.
he is on r4 now.... do you think we will see some more upmove now to R3?
nmike MOD butterliesel
@butterliesel, currently momentum and candle pattern are bullish, RSI & Stochastic are still showing strength to the upside, therefore it's highly likely that the Euro will hit R3 near term but first it must clear R4
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