تويت
Thursday 03.08.2007
EUR/USD
The Euro recovered and climbed towards the 1.32 mark on yesterday, setting the daily highs at 1.3185. Support is now seen at 1.3165 backed by 1.3140 and 1.3110. Resistance is seen at 1.3185 followed by 1.3200 and 1.3240. While one of the higher support levels hold and the lower half of the 1.31 area remains intact, the area of 1.32 will be a soft target. Daily sentiment is slightly bullish while the hourly is neutral. A break below 1.3140 would drag our attention back into the 1.3080-1.3140 range. Current quote is 1.3168 @ 07:16 GMT
Recommended trades:
Long in the 1.3150 area, stop at 1.3125, objectives at and above 1.3200. Extended objectives may target 1.3230.
EUR/USD
The Euro recovered and climbed towards the 1.32 mark on yesterday, setting the daily highs at 1.3185. Support is now seen at 1.3165 backed by 1.3140 and 1.3110. Resistance is seen at 1.3185 followed by 1.3200 and 1.3240. While one of the higher support levels hold and the lower half of the 1.31 area remains intact, the area of 1.32 will be a soft target. Daily sentiment is slightly bullish while the hourly is neutral. A break below 1.3140 would drag our attention back into the 1.3080-1.3140 range. Current quote is 1.3168 @ 07:16 GMT
Recommended trades:
Long in the 1.3150 area, stop at 1.3125, objectives at and above 1.3200. Extended objectives may target 1.3230.
تعليق