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sdotwewen · 14-11-2006, 21:37

EURUSD is testing the up trend line support and may be topping at 1.2899 on daily chart. Further fall towards 1.2681 previous low support to reach the next cycle bottom is possible in the next several days. For long term analysis, EURUSD has bottomed at 1.2483 on weekly chart, it will move higher above 1.3000 to reach the next cycle top on weekly chart in the next two months.

14-11-2006, 21:37	#8
sdotwewen level 2 Join Date: Apr 2006 Posts: 738 Downloads: 0 Uploads: 0 Rep Power: 3	Re: EURUSD long term analysis EURUSD is testing the up trend line support and may be topping at 1.2899 on daily chart. Further fall towards 1.2681 previous low support to reach the next cycle bottom is possible in the next several days. For long term analysis, EURUSD has bottomed at 1.2483 on weekly chart, it will move higher above 1.3000 to reach the next cycle top on weekly chart in the next two months.