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Ardy
Aug 19, 2013 10:46 AM

EURUSD - Daily TF Chart Analysis 

Euro Fx/U.S. DollarFXCM

Description

It seems that this pair is having some problems passing through the resistance level at the 61.8% Fibo level. If the bulls manage to continue the up move, we can expect the pair targeting 1.34 before the 76.4% Fib level at 1.34806.

As long as the pair doesn't fall back below the down trend line, we can expect more bullish moves. Below 1.32 and we might need to reassess the whole chart again.
Comments
exploration
There is a hanging man candle on the weekly TF of last week with a triangle.a.sell signal to watch for this week..
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