lundi 11 avril 2011

Technical Analysis EUR/USD

The EUR / USD continued its upward rally and validated on Friday a bullish break of 1.44 providing a new buying signal.
All indicators are bullish.
We keep advising process only long positions as the price will remain located above 1.4350.
Maintaining the current above 1.44 will strengthen our bullishness on parity.
An upward break of the resistance located next to 1.45 then offer a new buy signal for an extension of the upward movement towards 1.46.

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