Both though dropped enough but still seems bearish maybe move up but that will not an enough move to stable the bullish movement. EU maybe turns back in bullish movement coz of 1.3834 support we can go long but if we see the main trend of both , than both looks bearish,,, I,ll try to post some charts later,,,
- #163
- Oct 19, 2010 2:14pm Oct 19, 2010 2:14pm
Hi ,
Both though dropped enough but still seems bearish maybe move up but that will not an enough move to stable the bullish movement. EU maybe turns back in bullish movement coz of 1.3834 support we can go long but if we see the main trend of both , than both looks bearish,,, I,ll try to post some charts later,,,
Now see Euro/Usd & Gbd/Jpy acted same as PipHacker said
Both showed bearish movement just because of Main trend which was bearish for both,,,
EU's main trend was bearish as after great bearish movement EU RETRACES back for a small bullish move at 1.3834 but coz of bearish trend EU again retraces back for down movement and break another strong V-Shape Support at 1.3784,,, and move down for more than +60 Pips...
GJ's Main trend was also down but it broked the curve at 128.99 than struggled bit and than coz of main bearish trend it drops down more than +100 Pips,,,
PipHacker
