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Eur/Usd intraday

Posted on October 24, 2008 at 8:41 in Short-Term Analysis by Valeria Bednarik

No matter how big the chart is, I can’t find still a decent bottom for the pair. My first target zone around 1.29 was passed trough without too much noise, and around actual price, next important support zone will be @ 1.2450, not far from where we are right now. The bearish momentum is strong enough to send the pair close to that zone today, with a first intermediate support at 1.2510/20.

Tags: eurusd

2 Responses to “Eur/Usd intraday”

  1. on 24 Oct 2008 at 2:20 pm1Mike Clark

    hello, I went long euros via selling a one month 1.21 put - i know some are saying we can go to 1.17 range, what do you think?

  2. on 27 Oct 2008 at 9:40 am2Valeria Bednarik

    Hi Mike,I will post a long term for the Euro/Usd later today, and determinate a probable target for this movement, although 1.21 seems quite decent rigth now.
    Regards
    Val

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