EURUSD
SELL @ 1.2930
TP @ 1.2900
SL @ 1.2990
Market opens where it left on Friday as the weekend bring no major
events. And with London and New York on holidays this Monday, market
will likely remain extremely thin.
The EUR/USD hourly chart shows price
steady around a flat 20 SMA, while indicators hover around their
midline, signaling the little volume around since past American session
over the long weekend.
EURUSD have failed to break the 2970 area on daily resistance and since turned down south to look for the support at 1.2890
The pair is retreating 0.03% at 1.2931 and a break below 1.2900 (MA10d)
would accelerate the decline towards 1.2821 (low May 23) and then 1.2809
(low May 20).
Leave your comments and contact me through email for any advice and assistance
fapokay2010@gmail.com
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