Τετάρτη, Μαΐου 02, 2007

EURUSD HOURLY CHART -Update


The pair after double bottoming at 1.3555-60 area regained 1.3585/90 zone.

It is right now trading above at 1.3605-1.3610.

Anyhow approaching the red drawn area in the chart selling pressure will be appeared.

I think that only above 1.3640 the value takes back the bullish modus.

1.3624-1.3630 and the upper zone of the red area is the polarity zone now.

Either for break up or bearish pull back and i would vote the second but the market decides.

Dimigon


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