AdelMohamed

AdelMohamed

as you can see price is strongly crossing down the MAS 80,120 and 150, as well as repetitively find support at 88.238 and again at 88.149. the price most likely to search for a new support around 86.757. i recommend looking for a good sell signal entry. good luck for all.

AdelMohamed

as this pair been in strong up trend for about a year starting from June 2012 up to May 2013, i believe the price is correcting since then and moving in a side-way trying to find strong/confirmed support level at 95.683. Also, looking at June 2012 Fib Retracement , the price find support at 0.382 Fib level which most likely is confirming a continuation of an up...

AdelMohamed

Finding support on the 0.5 Fib Retr. and or the MA 180 is a high probability for an up trend reaching 0.618 Fib Retr. But If 0.5 Fib Retr. work as resistant level then a high probability the price is going to search for a new support level at 1.69061 being the mid line of June candle which most likely delivers the price back up to 0.5 Fib Retr. and give it...