acetraderfx
AceTrader.com Representative
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DAILY EUR/USD OUTLOOK - 1.3325
12 Aug 2013 07:05GMT
Despite extending upmove fm Jul's low at 1.2755
to a 7-week high of 1.3401 Thur, euro's weakness to
1.3315 (NZ) today signals a temporary top is made n
downside bias remains for a minor retracement to
1.3285, reckon sup 1.3266 wud hold n bring rebound.
Sell on recovery n only abv key res at 1.3417
wud extend MT rise fm 1.2745 (Apr) to 1.3445.
STRATEGY : Sell at 1.3360
OBJECTIVE : 1.3285
STOP-LOSS : 1.3403
RES : 1.3401/1.3417/1.3445
SUP : 1.3315/1.3291/1.3266
12 Aug 2013 07:05GMT
Despite extending upmove fm Jul's low at 1.2755
to a 7-week high of 1.3401 Thur, euro's weakness to
1.3315 (NZ) today signals a temporary top is made n
downside bias remains for a minor retracement to
1.3285, reckon sup 1.3266 wud hold n bring rebound.
Sell on recovery n only abv key res at 1.3417
wud extend MT rise fm 1.2745 (Apr) to 1.3445.
STRATEGY : Sell at 1.3360
OBJECTIVE : 1.3285
STOP-LOSS : 1.3403
RES : 1.3401/1.3417/1.3445
SUP : 1.3315/1.3291/1.3266
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