Strategy of the day on EUR/USD 10-4-2013

Strategy of the day on EUR/USD

The identify volume is currently examining the maximum of its medium-term 

bearish route at1.3120 indicating a decrease. However, a break of this stage 

will start a aggressive positive route. Specialized signs offer buy alerts, but 

until the stage of resistance is not damaged the supposition of a decrease is 

most likely. Bollinger groups are much removed due to a powerful improve 

these days. Stabilizing is predicted in the temporary. The identify amount is 

currently examining the maximum of its route, we recommend 2 

circumstances. The first one is the speculation of a decrease where we 

recommend a offer on the stage of 1.3120 with the 1st purpose at 1.3060 and 

then at 1.3040. A cutting-edge of 1.3140 will invalidate this situation. 

The second situation is a crack of its stage of resistance where we recommend 

a “buy stop” which ways to buy the identify amount as soon as it is damaged 

through its stage of resistance of 1.3120 with the 1st purpose at 1.3180 and 

then  at 1.3200. A cutting-edge of 1.3100 will invalidate this situation.

good luck