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EURUSD - longbreak blog ...
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EURUSD
In front of us tomorrow's data from the dollar market .. Based on the expectations readings I think that we should take the southerly direction to the 23.6 Fibonacci support .. perhaps assuming that the data will not disappoint pierce the past following in yesterday's support around 1.0655 ...
EURusd
We start first week of new year with bearish appetite in euro dolar pair .. Price formed a box as seen on the above chart .. Shortly before noon pair quite strongly, as at the beginning of the week, began to the descent on south defeating already more than a hundred pips ...I think that the next support on which we stop for a longer time will be around 1,075 - 23.6 fibonaci - in short-term downtrend ... The upcoming week is dominant in data readings from the US market, and here I think we should…
ONE BOX DOWN
The information from the Mario euros it came to significant long-term resistance who as you would expect ought not to be broken. Weak data from the U.S. market have shown the bear claw on the pair keeping the price at a low level - also from the Euro we had no significant readings, which therefore quite narrow lateral movement contributed to the development of the situation. Euro has not turned out too strengths relative to other currencies, means coming w…