EUR/USD : Critical Point 1.2860

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Hong Kong Qindex 09:27 GMT January 9, 2011
EUR/USD : Critical Point 1.2860 : Reply
EURUSD
Entry: Target: Stop:

EUR/USD : Critical Point 1.2860

The market is under pressure when it is below the monthly cycle pivot center at 1.2860. The monthly cycle directional indicator suggests that speculative selling pressure will increase when the downward trending momentum is strong enough to penetrate through 1.2711.

EUR/USD : Monthly Cycle Charts
http://www.qindex.com/euro.html

EUR/USD : Monthly Cycle Charts

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