Euro-Dollar Analysis, October 1st 2012 (English Language)


hereunder find the Euro-dollar video-analysis for today October the 1st:

During the Asian session and the first part of the European session we saw a swift move lower of the dollar that pushed Euro higher.

The market is still in a short setup started in the 1.2950 area. On the opposite side, support came from the area we have been mentioning an watching since a few weeks at 1.2830.

Shorts stay valid until price does violate on the upside the 1.2976 level (if this ever happen). If that happens we remain open minded and we will re-evaluate price and take into consideration a continuation higher in the Euro from these levels.

Have a great day.


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Filed under English language, Euro FX analysis and trade setups videos

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