Tuesday, June 23, 2009
23 June EUR Probability Study - EUR still short
By Johan Kriek (jkriek@fxinstructor.com) Resistance =1.3950 and 1.4000 (intermediate bearish trendline resistance and H & S Neckline resistance as discussed in the video) Support = 1.3800 and 1.3450 (The latter is the Secondary Trend support) Head and Shoulders already violated and confirmed: Please have a look at the charts below:
and…
As you can see on the above charts, the Head and Shoulders pattern on the EUR has already been violated and confirmed on June 17th The target is roughly 1.3500.. Labels: Forex Analysis, forex signal, Forex Trend, Market Analysis, Market Trend, money trading |
posted by Matbank at 9:29 AM
