DislikedEURUSD analysis 8th Feb. 2013
The breakout of 3458 led to 3370 and EUR made its stop grabbing pretty heavily. Short entries could be found between 3440-50 level as we have a good confluence of DPP, 38.2 last swing fib and H3 on H1 TF. Also on H4 TF we can see that WS and 38.2 fib and last breakout level make a good resistance around 3465-70 level. That makes a potential good R:R ratio as targets are 3350 and 3325. If EU breaks 3470 1st target is 3496. Pay attention to profit taking tomorrow.
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I wake up and review my chart and guess what ? Same view ,was just say to myself most important point 3465