forex4you Posted April 3, 2012 Report Posted April 3, 2012 EUR/USD: Technical Analysis Eurodollar is still bumping up against the range highs and has formed what looks like a possible reversal pattern. It is probable that there will be break lower and a breach of the trend-line for the whole rally up from the 15th Mar lows. The monthly pivot at 1.3260 provides an initial target with 1.3205 as the next target after that. Analysis by: Joaquin Monfort Forex4you analyst Disclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Belajar Forex
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