EUR/USD : Critical Level 1.3309 *LINK*

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Melbourne Qindex 12:37 GMT June 1, 2013 - My Profile
EUR/USD : Critical Point 1.2797 : Reply
Buy EURUSD
Entry: Target: Stop:

EUR/USD : Critical Level 1.3309

The market is positive when it is trading above the monthly cycle pivot center at 1.2767. The monthly cycle congested area indicates that EUR/USD is likely to trade between 1.2767 and 1.3501 for the time being. The pattern of the monthly cycle charts indicate that it is easier for the market to move one step ahead towards 1.3409 instead of one step backward towards 1.2552. The monthly cycle directional indicator suggests that the market can tackle the barriers at 1.3627 // 1.3637 if it can overcome the weekly cycle pivot centres at 1.3125 - 1.3163 - 1.3217. A critical range is positioning at 1.3309* // 1.3415.

Qindex.com

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

EUR/USD : Monthly Cycle Charts

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