Sunday, January 1, 2012

EURUSD Weekly (02/01/2012 – 06/01/2012)

EURUSD has a good support at 1.2805 and resistance at 1.3098 for this week and will largely remain in this range. At the start of the week we can see a fall upto 1.2902 and 1.2850. Thus, high risk traders can go long near 1.2900 levels and others can wait for 1.2850. One can go short if it rises upto 1.3040 in the beginning of the week.

No comments:

Post a Comment