4H Graphs Weekly EUR/USD Forecast

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4H Graphs Weekly EUR/USD Forecast

Tue, Dec 27 2011, 08:22 GMT
by Anton Kolganov | ForexMillion

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The pair is trading along an sideways trading pattern.
An downtrend will start as soon as the pair drops below support level 1.3040, which will be followed by moving down to support level 1.2890.

An uptrend will start as soon as the pair rises above resistance level 1.3100, which will be followed by moving up to resistance level 1.3230.

Resistances: 1.3100, 1.3230, 1.3345, 1.3460
Supports: 1.3040, 1.2980, 1.2890, 1.2680

Published On Tue, Dec 27 2011, 08:22 GMT Previous entries

Anton Kolganov

Follow Follow my activity on FXstreet.com ForexMillion website

He started to study FOREX market in 2003. Since 2007, he started to offer analytical forecasts for the major currency pairs and for gold prices in order to better understand the market and to assist to traders to identify the main key market levels.

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