EUR/USD : Critical Point 1.2950 *LINK*

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Melbourne Qindex 11:44 GMT April 14, 2012 - My Profile
EUR/USD : Critical Point 1.2950 : Reply
Sell EURUSD
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EUR/USD : Critical Point 1.2950

The market is under pressure if it is trading below the barrier at 1.3045 // 1.3063. Speculative selling pressure will increase when the market downward trending momentum is strong enough to penetrate through the critical point at 1.2950. The monthly cycle projected series indicates that EUR/USD is basically vibrating around 1.3138* with an expected magnitude of 1.3019 - 1.3256 for the time being. The odds are good that the market is pulling towards the monthly cycle pivot centres at 1.2893 - 1.2901 - 1.2909.

Qindex.com

http://www.youtube.com/watch?v=dZEGYpXE5B4

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

EUR/USD : Monthly Cycle Charts

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