PRICE ACTION

PRICE ACTION

środa, 8 sierpnia 2012

Let the price guide you

Here is my view on EURUSD situation.
1.2325 is crucial. As I mentioned before you should be taking long at that point. If it happens we go down thru 1.2325 I see next major defence zone for bulls at 1.2220-1.2240.
On the other hand, if we'll keep moving up and break through 1.2410 my next "stop" is 1.2510, and after this one fails - there is a major 1.2620 (1.2600-1.2640 zone).
We are in the bull mood - the price will guide you!

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