Euro / U.S. DollarShort
EUR/USD daily
2013 Wedge breakout, MACD ( weekly turning short )
cleared 100 sma and 200 sma.
With potential ECB action on lowering interest rates(negative),
long term refinancing operations and relative US growth > EU, plus the recent Eurosceptics election outcome.
Targets :
1.3475 3/2/14 low. ( CRITICAL Support 2012 uptrend
line(red), horizontal confluence - time 27/6 )
1.3294 7/11/13 low.
1.31046 6/9/13 low.
potential 1.275 9/7/13 low.
Stop : 1.3740. (100 sma should act as resistance.)
cleared 100 sma and 200 sma.
With potential ECB action on lowering interest rates(negative),
long term refinancing operations and relative US growth > EU, plus the recent Eurosceptics election outcome.
Targets :
1.3475 3/2/14 low. ( CRITICAL Support 2012 uptrend
line(red), horizontal confluence - time 27/6 )
1.3294 7/11/13 low.
1.31046 6/9/13 low.
potential 1.275 9/7/13 low.
Stop : 1.3740. (100 sma should act as resistance.)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.