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Thursday, February 16, 2012

EUR/USD 16.02.2012


/ On : 10:55 AM
Yesterday the EUR / USD has approved a split of 1.31 and an output of its uptrend channel(black lines on the graph).
The course is testing support at 1.30.
The indicators are broadly bearish.
We maintain to trade only during the short positions will be located below 1.31.
A burst of 1.30, then offer a new sell signal for an extension of the downward trend to 1.29 or lower if this level is also down.
In case of return of the course above 1.31 so we'll wait a bullish break of 1.32 to adviseincoming / not treat more long positions in parity.


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