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Eur/Usd in 30 minutes charts

Posted on November 10, 2008 at 14:46 in Short-Term Analysis, Trading Opportunities by Valeria Bednarik

The pair has just attempted to break under the key zone around 1.2850, also a 30 minutes ascendant trend line. If the pair manages to break under it and start a new candle under that level, chances are of a retest of the 1.2790/2805 zone. To consider a rebound on that line, we should wait to see the pair above 1.2865, where it should approach again to 1,2890. We are about to see a new 4 hours candle so also a opening under this zone could trigger a bearish rally.

Tags: eurusd

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