SUPPORT: 1.2445 1.2366 1.2333 1.2298 1.2280 1.2240 1.2180 1.2130 1.2080
RESISTANCE: 1.2500/10 1.2535 1.2685 1.2710 1.2771 1.2882
Well...we nearly reached target area of 1.25 and we have backed away...1.2534 is the 38.2 med term fib level and therefore we should run into problems around here...Just going slightly into overbought area but our weekly charts look positive....Now I think we need to clear 1.2535 before we can attempt longs...It would be better I think if we could retreat first to ea…
RESISTANCE: 1.2500/10 1.2535 1.2685 1.2710 1.2771 1.2882
Well...we nearly reached target area of 1.25 and we have backed away...1.2534 is the 38.2 med term fib level and therefore we should run into problems around here...Just going slightly into overbought area but our weekly charts look positive....Now I think we need to clear 1.2535 before we can attempt longs...It would be better I think if we could retreat first to ea…