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Old 01-04-2006, 15:32   #1
knvsantosh
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Thumbs up Eur/Usd Forecast updated on New York 1st April 3:26 PM
1.2118 EUR/USD is in a downtrend directly by daily fibonacci retracements.

==> We could take a Short position at 1.2118. we will put the stop loss above 1.2168 (-50 pips). The targets are as 1.2068(+50pips).

Resistance :
1.2259 - 1.2217 - 1.2167

Support :
1.2075 - 1.2033 - 1.1983

regards,
k.n.v.

..............happy trading................
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Old 02-04-2006, 07:23   #2
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Re: Eur/Usd Forecast updated on New York 1st April 3:26 PM
i hope you're right on that. currently im stuck on eu @ 2022.
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Old 04-04-2006, 11:35   #3
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Re: Eur/Usd Forecast updated on New York 1st April 3:26 PM
Quote:
Originally Posted by stink3rs
i hope you're right on that. currently im stuck on eu @ 2022.

I hope you sold it before the price hit 1.2250...
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