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EUR/USD : Critical Point 1.3426 *LINK*

Hong Kong Qindex 02:24 GMT October 8, 2011 - My Profile
EUR/USD : Critical Point 1.3426 : Reply
Entry: Target: Stop:

EUR/USD : Critical Point 1.3426

The weekly cycle pivot centers are located at 1.3093 - 1.3355 - 1.3392. The bias is on the downside when the market is below the critical point at 1.3426. The odds are good that the market will tackle the barrier at 1.3116 // 1.3158. Speculative selling pressure will increase when the market resumes its downward trending movement and penetrates through the weekly cycle pivot center at 1.3093.



EUR/USD : Monthly Cycle Charts