Sunday 6 September 2015

FX : EURUSD

Crude oil formula is not working with other commodities and  in FX.
Spending lot of hours to study the pattern of EURUSD.

I am writing here the possible profit taking and reversal of trend points.
We can see it in few days whether this works out.

As far as EURUSD concerned, the trend is down and can go below.

Please note these pips :

1.145604
1.120409
1.095453
1.070798
1.046424
1.022331
0.998518
0.974986

Out of these, first and second level reached, somewhere around these points trend should change.

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