Ceiling in place…..

By Go4x · February 17, 2010 · Filed in Potential Trade Set up's - Gold Membership

Below is my analysis on EURUSD.  Please be advised that should you wish to take the trade, this must be done off your own analysis using the training that you have received.

EURUSD 30min chart

My preference for this pair would be to : Short positions below 1.3805 with targets @ 1.3735 & 1.37 in extension.

Alternative scenario would be to : Above 1.3805 look for further upside with 1.384 & 1.3885 as targets.

Pair has struck against its resistance and is challenging its intermediary support, the RSI is badly directed.

Key levels

1.3885

1.384

1.3805

1.3745 last

1.3735

1.37

1.3645

GHTime Code(s): nc 

EURUSD 30min chart

[/caption] My prefe"/>