1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Forex4you Technical Analysis 1 April 2011

Discussion in 'Forex Daily News & Outlook' started by forex4you, Apr 1, 2011.

  1. forex4you

    forex4you New Member

    Jul 13, 2010
    Likes Received:
    EUR/USD: technical analysis

    The EUR/USD pair has pulled back to 1.4150 but it will probably resume its rally to the current upside target of 1.4280. This corresponds with the major highs achieved in November ’10. A break lower, however could bring into play the downside target of 1.4080 on the 3 x 0.0005 chart, but the overall thrust is still bullish.


    Forex Trading | Forex
    Analysis by: Joaquin Monfort
    Forex4you analyst

    Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Share This Page