Forex Daily Analisys EURUSD 12.02.2013
Forex Daily Technical Analisys EURUSD 12.02.2013. Note that the CCI in oversold indications show the 1 hour chart. Therefore as an alternative scenario, consider the possibility of a pullback to the resistance area at 1.3477-1.3515 range. Note that the resistance to seek confirmation of the bearish signal with a potential return to the range of 1.3453-1.3414.
Beware if the resistance at 1.3515 breaks because it will transform into a bullish intraday bias and potentially will lift EUR / USD target range 1.3539-1.3577
Rebound has been hampered despite previous high breakout after record intraday high at 1.3621. Daily trend tends sideways, where rebound potential continue if successful breakout previous high at 1.3621.
Recomend: Sell: 1.3620 Stoploss: 1.3690 Target: 1.3570-1.3520
Support: 1.3516-1.3476-1.3368-1.3295
Resistance: 1.3738-1.3858-1.3959-1.4095
Beware if the resistance at 1.3515 breaks because it will transform into a bullish intraday bias and potentially will lift EUR / USD target range 1.3539-1.3577
Rebound has been hampered despite previous high breakout after record intraday high at 1.3621. Daily trend tends sideways, where rebound potential continue if successful breakout previous high at 1.3621.
Recomend: Sell: 1.3620 Stoploss: 1.3690 Target: 1.3570-1.3520
Support: 1.3516-1.3476-1.3368-1.3295
Resistance: 1.3738-1.3858-1.3959-1.4095
