EUR/USD Signal- Nov. 20, 2012
Forex pairs in this Article »
EUR/USD
By: DailyForex.com
Currency: EUR/USD Trend Expected Direction: Flat Method: Ichimoku, Technical Analysis Description: EUR/USD pair has been struggling to pass 1.2820 resistance which also converges with the top of the Ichimoku clouds on the 4H chart. I expect this strong resistance to remain intact as the charts suggest the bulls are getting weaker. Recommendation: Short Target Area: 1.2710 Stop-Loss: 1.2825
Currency: EUR/USD Trend Expected Direction: Flat Method: Ichimoku, Technical Analysis Description: EUR/USD pair has been struggling to pass 1.2820 resistance which also converges with the top of the Ichimoku clouds on the 4H chart. I expect this strong resistance to remain intact as the charts suggest the bulls are getting weaker. Recommendation: Short Target Area: 1.2710 Stop-Loss: 1.2825
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