This is the final week of 2010 weekly review. See rectangle for last week's PA.
As per H4, price is just ranging around 100pips (more or less) last week and I am expecting the same behaviour towards this end of year.
In D1, EU still get strong support from 200sma and as long this MA hold the price, there is very little chance for down trending price.
Here are the sup/res for the week:-
Medium range: 1.3034 / 1.3163 & 1.3201
Wide range: 1.2968 / 1.3422 & 1.3497
HAPPY NEW YEAR 2011 to all of you...
-Cheers-
As per H4, price is just ranging around 100pips (more or less) last week and I am expecting the same behaviour towards this end of year.
In D1, EU still get strong support from 200sma and as long this MA hold the price, there is very little chance for down trending price.
Here are the sup/res for the week:-
Medium range: 1.3034 / 1.3163 & 1.3201
Wide range: 1.2968 / 1.3422 & 1.3497
HAPPY NEW YEAR 2011 to all of you...
-Cheers-