Sunday, July 25, 2010

EURUSD#8 - Weekly Homework


[30m Chart]
If I were to trade early movement, short at 1.2915 to 1.2929, SL 40 to 50 pips, first target around 1.2835. Second target around 1.2795. SL should be able to cover previous high of 1.2964.


[Daily Chart]

From what I can see TODAY:
S1 ~ 1.2835
S2 ~ 1.2795
S3 ~ 1.2735, then 1.2690
R1 ~ 1.2965
R2 ~ 1.3025
R3 ~ 1.3090

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