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EUR/USD : Critical Point 1.2797
Hong Kong Qindex 02:21 GMT 10/04/2013 - My Profile
Buy EURUSD
Entry: Target: Stop:

EUR/USD : As shown in the weekly cycle normal upper limits the market has almost overcome the resistance of three sets of significant numbers in last few weeks(see the front page of my website). The first set, marked in green, are 1.3439 - 1.3491 - 1.3562. The second set, marked in blue, are 1.3496 - 1.3551 - 1.3602. The third set are marked in grey colour, 1.3441 - 1.3531 - 1.3646. The last set is marked with yellow, 1.3834 - 1.3963 - 1.4038, which are the most recent reference points. Speculative buying interest will increase again when EUR/USD is able to trade above 1.3646 which is the daily high in the last 24 hours.

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