Posted by millionaire | Tuesday, November 02, 2010 | | 0 comments »


eur/usd update: Currently fighting around 50%=1.3940 from the yesterday high low 1.4011----1.3861,need to sustain above 1.3940-----1.3985 to retry previous high 1.4012,in the bigger picture the 2nd lower high point 1.4080 should be the next target with the confirmation true breakout above 1.4012.the swing high low 2nd small impulsive down 1.4080-------1.3732,price currently located around 61.8%=1.3944.All in all the bigger view correction fr0m the current high 1.4155-----1.3693 swing low,likely playing in the triangle pattern,and the dancing price well above 1.40 will indicate there is still new high(above 1.4155) in progress,likely toward 1.4350--1.4400 zone.i could not deny the risk to the downside,where establish price below 1.3750 should expose the price toward 1.3693 and the true breakdown below that level should confirm another low would be in target around 1.33------1.3600 zone.

p/s:sorry la aku men belasah sesedap perisa je nih..heh

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