It appears that the euraud is forming a top and has hit a resistance level in the monthly chart (1.5480) . In the weekly chart we see diviregences in macd and roc which also indicate that the uptrend is loosing steem.Finally we see that in the daily chart the pair seems to have topped.
I will go short at the monday opening market with s/l 1.5610 and t/p 1.5010
UPDATE 20/01/2013 : ORDER OPENED AT 1.54
I will go short at the monday opening market with s/l 1.5610 and t/p 1.5010
UPDATE 20/01/2013 : ORDER OPENED AT 1.54
MONTHLY CHART
WEEKLY CHART
DAILY CHART
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