Daily Technical Analysis On EURO & GBP & ENTRYS (14/10/2004

[JACK]

Hi Guys!!!

Euro is moving to the resistance 1.2430/40.
I went short on Euro @ 1.2408 with revers s/l 1.2465.
My target for short position is 1.2280 and if Euro hit my s/l I will be going long from 1.2465.
Please see support and resistance for Euro & Gbp

Euro :
Support
1.2345
1.2330
1.2285
Resistance:
1.2380
1.2440
1.2465

Gbp:
Testing daily moving averages and .618 fib at 1.8010 levels.
Support:
1.7960
1.7900
1.7800
Resistance:
1.8010
1.8085
1.8170

Have a good trades and lots of pips
Regards
Jack