Posted by millionaire | Saturday, May 07, 2011 | | 0 comments »

eur/usd update:


My view for the single currency still mantain the bearish scenario in the short term period,seems it should continue towards 1.4190,by the way first focus toward 50%---61.8% have reach the first target inside the zone 1.4190---1.4370,my plan only hold 10% previous selling position and will add more sell with the pullback around 1.4475-----1.4715(in case),and next downside target should be 1.4035 as an immediate target and 1.3760---1.3870 as a second zone target.

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