Sunday, May 26, 2013

EURUSD 27th May 2013

EurUsd  has formed head and shoulder pattern above moving average 50- period
it has neckline as well as support @1.29 
Pair has strong resistance 1.2980 where Fibonacci retracement 23.6 %
if pair breaks below neckline then pair will move to the 1.2820 level 



1 comment:

  1. Agree on bearish view, but I am targeting 1.2860 support levels.

    ReplyDelete