Thread: Sell Eur/Usd
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Old 19-08-2004, 10:58   #379 (permalink)
Iris
Time<>Price
 
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Eur/Usd..............
Quote:
Looking for the North Cap to move down to 1.2350/60 basis for a South continuation with a break of 1.23 to 1.2270/80 were a Bull attempt will be made for another North push...which will bring the North Cap down to 1.2330/50 basis for a Reversal South move to 1.2250<>1.22 basis.
Time/Price North advance High to 1.2378 off of yesterdays decline Low at 1.2282...Looking for a retest/break of the 1.23 basis for a move South to the 1.2270/80 level...to begin probing the All important 1.2250 ...with a break of 1.22 Signaling strong South momentum towards a further decline to 1.21 basis. North continuance still resides at a break of 1.24 for a run to 1.2460 thru 1.25.

Its getting near Decision Time.
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