Πέμπτη, Μαΐου 03, 2007

EURUSD HOURLY CHART -Update



Trade drawn by the green line from 1.3585 to 1.3620-24 done.

The pair is now formating an ascending zig-zag double at the moment.

This is a corrective one and onother decending wave of 100-120 pis is probable to follow.

But where this zig-zag can reach is depending from 1.3620-30.

If this point and thereby after 1.3640 mainly breaks then 1.3660-80 can reach once more.

But repeat it is a corrective formation with a lot of probabilities to follow a wave down.

Dimigon

Press Update Eurusd Chart to enlarge.

Hourly chart.

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