Friday, February 22, 2013

The Euro Looks Weak Below 1.3350

 Euro Terlihat Lemah Dibawah 1.3350

Monexnews-Euro last seen in numbers, down from 1.3344 low weekly closing Friday at 1.3360 figures.

According to Valeria Bednarik, Chief Analyst from FXstreet.com, Euro still saw a bearish signal thin movements per hour, with the right price under 20 high school moving flats and several indicators that moves slightly down, move into the negative area, the analyst said, adding: the graph per 4 hour shows bearish signals, it supports the movement fell further Monday, with areas of the trendline that comes from the area of 1.2660, today persists in the area as the main bearish target 1.3270. The stop Level should still have a space that is large enough so that the efforts of the movement down will probably continue the acceleration down to 1.3220, price area disimpulkannya.

Support level was recorded at 1.3310, 1.3270 and 1.3220. While the range of resistance will be recorded at 1.3385, 1.3410 and 1.3440.

(AR)



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Title Post: The Euro Looks Weak Below 1.3350
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Author: Mohammad Zulfi Satriawan

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