Euro-Dollar Analysis, October 2nd 2012 (English Language)

Hello,

this is the video-update on the EURUSD for today:

Yesteday price retested the short area we identified at 1.2950 strengthening its significance (that was a second test, as well).

This morning the Euro is climbing again trying to retest the same resistance area. Shorts will be valid and in place until price stays below 1.2976. There is a battle over trend at this moment and we will know if Euro price keeps going higher from here or it is going to retest the 1.2630 area as expected.

Have a great day

 

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

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