Minggu, 02 Maret 2008

Forex Technical Report EUR/USD

EUR/USD 1.5215 - 3 March

EUR/USD Open 1.5173 High 1.5233 Low 1.5092 Close 1.5183

The Euro continued climbing this morning against the American Dollar from the past 2 days, reaching 1.5235, which is the first resistance today. If that level is overcome, next target is expected at 1.5305, followed by 1.5390. In downward direction support is given by the Friday's bottom 1.5150, followed by 1.5110, and 1.5060.
Technical resistance levels: 1.5235 1.5305 1.5390
Technical support levels: 1.5150 1.5110 1.5060

Trading range: 1.5205 - 1.5275
Trend: Upward
Buy at 1.5215 SL 1.5185 TP 1.5265

On Friday we made +47 pips profit on EUR/USD from the following signal:
6:08 GMT Buy EUR/USD at 1.5190 SL 1.5164 TP 1.5240 exited at 7:52 GMT
Total on Friday +206, as shown in details at our web site.

eurusd

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