FOREX DAILY TRADING SIGNALS

FOREX DAILY TRADING SIGNALS
FOREX DAILY TRADING SIGNALS

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Tuesday, February 24, 2009

FOREX FORECAST FOR EURUSD

Variants of events to develop:

Growth from 1.2695 upwards, and if the pair manages to rise above the level 1.2950; levels 1.3130 and 1.3300 will be reached.

Be ready to drive your trades to this point as EURUSD is bullish today from the daily and 4hour charts


AND REPORT FROM THE DAILY GRAPH OF EURUSD
   From the technical picture at H4 graph it’s seen that the pair is going to break upwards. In case it passes the level 1.2890, the figure will be considered broken and the level 1.3820 will become the target of the pair. The old and well-known level 1.3300 will be an important intermediate resistance; upon the reaching of this level a bounce to the support level 1.2890 will be possible, followed by the resuming of ascending trend to the level 1.3820.

*IMPORTANT NOTICE: These comments are for information purposes only. The information contained on this document does not constitute a solicitation to buy or sell by autopilot forex team and we are not to be available to individuals in a jurisdiction where such availability would be contrary to local regulation or law. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors.

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