New FxMonMan managed account opened

We prepared new website with new functions not only for our clients! In our SOCIAL STREAM are concentrated analysis and tips from many famous traders.
Check it out and subscribe for updates.
www.fxmonman.com

Technical Analysis EURUSD 29/11/2014

It was great week especially for those who believed in USD ;-) On daily chart you can see we are approaching to the strong support around 1.2620. Also worth mentioning is the ease with which price went through the 50% of fibonacci retracement. It is this fact which suggests to me that any pullback will not be strong and aggressive.



Instead, it is quite expectable scenario outlined on the this daily chart. If you are waiting for some buy signal on pullback, this could be good time to jump in when price will touch support.

Attached Image (click to enlarge)

More Technical Analysis on www.fxmonman.com