+/-4450 next my targets
Re: EurUsd short term 15 replies
NFP nice bump up on EURUSD 2 replies
We are above any trend reversal levels ,to be aiming for 1.4050 this week The probabilites are becoming less and less.
There is worldwide doubt in the dollar at moment ,yesterday even the british newspapers were making the public aware of the mess the Americans are in.
China got screwed by america and are throwing there weight behind euro .
Most of asia and russia are backing euro .
Some are voicing there support for eur to be a better alternative to dollar as base currency.
The only strong point dollar has is it...Ignored
DislikedWell friends, lets see where the week closes....a major trend reversal is out of the question. This kind of price action does not speak for a reversal and the fundamentals definitely dont support such a scenario. 1,4380 demand was not enough to break thru 1,4520 with 4 attempts, so there was no chance but to sell it down to lower demand to reload. And a seemingly endless fall is good for the psychology. 1.4800 is next, then 1.50.Ignored