Euro is on a bullish momentum
Wed, Nov 1 2006, 18:22 GMT
by Per-Erik Karlsson
Euro
Support/Resistance
Res 3 1.2864
Res 2 1.2831
Res 1 1.2799
Sup1 1.2714
Sup2 1.2679
Sup1 1.2664
Indicators/momentum
EMA'S 1 Hour Bullish
15 min Bullish
5 min Bullish
Key resistance today; 1,2799
Key support today; 1,2714
Favoured strategy today: Longs above 1.2714
Comment:
The bullish momentum is intact above 1.2714 support today and the next target is 1.28 level. key support is now 1.2714 that needs to hold to maintain the bullish momentum. A move below 1.2714 would open for a test of 1.2664, wich is now the swing level.
In order to read more about: Cable, Swissy, Yen, EUR/JPY, EUR/GBP, CAD; download de PDF bellow.







