Razvan

EURUSD - Down to 1.3340 before...

FX:EURUSD   Euro / U.S. Dollar
847 8 3
It looks like EURUSD             is going to retest 1.3300/40 area before peaking above 1.34. The market seems pretty calm today, with no important news, so we should wait for the Monday opening for new signals.
Nice movement for EURUSD. And good tip for intraday traders for short today. Now we can watch for a PA on H4 to buy. I personaly consider even 1.3270 a good place to buy if strong PA occurs.
Good trading!
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Razvan lgiulian
Thanks Iulian. A drop under 1.33 could become a selling signal...so be very attentive to the PA.
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lgiulian Razvan
Razvan, you are right. I will search for buy conditions only if the price will reject 1.33.
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Razvan lgiulian
Not necessarily, but you have to pay more attention under 1.33 before buying :)
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1.3292 is the area I am looking at the moment to re enter EU longs
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Razvan Ryan Tyler
Right at the trend line... it is a pretty sensitive level, a break and close under 1.33 could trigger a bigger fall in my opinion.
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Anything possible mate. Better to monitor PA
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Razvan Ryan Tyler
Ur totally right :) trade what you see and not what you think you see!
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