Razvan
Short

EURUSD - New highs...false signals?

FX:EURUSD   Euro Fx/U.S. Dollar
639 10 5
The EUR/USD             touched e new high for the current trend, but is this a good signal? We should wait to see if the breakout above the latest highs will be confirmed also by a close, or it will prove to be a false one. The 28 periods RSI shows a negative divergence and also an Head and Shoulders pattern.
With the current price action I am tented to believe that the price is on the edge of a fall, targeting 1.3400 or even lower for the rest of a week. Only a daily close above 1.3600 would change my mind.
10 days to go. USD loses momentum and everything is nearly silent. What does the future hold. You really have a crystal ball to see into the future. Just give me a devil beer.
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After Obamacare I think EURUSD goes up to 1.37.
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Razvan, do You have any new ideas?
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Razvan ShavkatRasulov
I'll get back with a new analysis today :)
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I really look forward to! :)
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Moving as planned, You are in favorites now!
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Both sides still possible. Would like to see the North
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alivsm Ryan Tyler
3570-3400-3650
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Professional point of view Razvan, cheers mate!
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Razvan ShavkatRasulov
Thank you!
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