Euro a short at 2350?

Discussion in 'Forex' started by azmi, Aug 16, 2005.

  1. azmi


    Just looked at the eurousd chart...seems to me its looking for a pullback to 2260-70 region before continuing its ascent. Who concurs?
  2. Don't know if I confer with the "before continuing it's ascent" idea, but the first part rings true.
  3. Still agreeing with the short, and disagreeing with the continuing ascent theory, Ivanovich watches as EUR passes 1.22.

  4. Immediate support at 1.1900, I would wait till there to go long.
  5. Bravo! Look at 1.1985 & 1.1982 on the way to 1.1900 as price support that need to disappear as well.

    Nice to see someone here at ET (the Ego Terminal) that reads price.