![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhl8eAaWIprdD9s5BXiO7sT1zMLdUj4paRyAulkxcvziJkuy0lxwVOcXUucGcPmBmlZox9DFJRKkbWS8sfIzgUXPC2A3hs0xusmk9F9YE8_9vfvPaov60r6rTBmGX7fdhwlLCYW9WvtDWTT/s400/EURUSD_25+09+2009.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjxEpw7vrWVsigZnKtZdyBp5Xq-sDUWYBCW-SXkRUKg-4PwNTxL2VUp6BUkyLX4w4qSaGBdbkYGuugsT5QDYD7S_Utev3k7dK5w4NloR1BpoWHuIx8yVUbWgmheOZY9_fmDk9w4xudyZbhP/s400/EURUSD_26+09+2009.jpg)
Update on the EUR/USD currency pair:
1) main trend is still up
2) support in the 1.4600 zone
3) before going long again on this pair, will need to see the EUR/USD going above its resistance at 1.4850
4) bearish divergence between the price and the MACD lines signals that EUR/USD could still go down to around 1.44-1.45 before having a chance of rebounding higher.
5) I would become bearish on the EUR/USD if it goes below 1.4400 as the main uptrend would then be violated
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