Strong signs of resistance in area 1.1000.Caution is advised!

FX:EURUSD   Euro / U.S. Dollar
344 4 3
Probably the party is over for eurusd             bears, 1,100 seems too strong to crack.

I think it is a good time to exit any shorts on eurusd             ...

I received this from my broker:
In light of the current discussions taking place between Eurozone Finance Ministers in regards to the Greek Bailout package, we expect the markets to experience increased levels of volatility both today and on Monday, 23rd of February, across all EUR pairs.
Hello every body,
brokers in the Euro area, unanimely see 1,20 area like the next probable resistence for a pull back, and then restart to sell short the Euro.
So, from this view the range fo Eurusd could be 1,10-1,20 for many months.
This isn't my personal opinion, but i want share this information with you.
good trading
+1 Reply
What do spread-betting bokers have to do with shaping the EURUSD price for months ahead ?
What you are sowing is not a resistance but it is a support level.... And that level can crack of course.
+2 Reply
Lacunoide Pashabxl
Sure. I think that will be a good idea to stay away from that level. Does not look to good to sell. That's all I wanted to say.
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