dimanche 22 novembre 2009

EURUSD Daily 20-11-09

Posted on 11:49 by Kyuubi


Price try absorbing the demand present at the 1.4845 level. We should see a break of this support next week I believe, and the no demand bar of wednesday tell me that smart money is more intrested on the downside than on the upside. If a break of 1.4845 occured we should go to 1.4680 pretty quickly.

As per my analysis of last week waiting for a break of the level before entering short is a good idea.

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