Eurusd/gbpusd - page 1324

 

Slowly, slowly but the expectations of QE tapering is pushing euro slowly up. We might see the 1.3400 level this week

 
avi1:

today trend !!!!!!!!!!

later week no. 3293, 3306 was again signal buy---3330 tp1 37p, tp2 24p

day point eu----3339+upo trend, 3334 up/down trend, 3329-down trend gu--------5496+up trend, 5490 up/down trend, 5484-down trend

 

Here we are : level 1.3400 is within a a couple of pips reach. Now lets see if it will be a resistance or the real resistance is (as some predict) only at 1.4000

 

Today it seems that 1.3400 will be resistance but I think that it is only a temporary resistance (very weak)

 

1st major Resistance is 134.65

2nd is at 1.36

it will fall at one of these levels (probably)

 

GBPs - major resistance at 1.56.30 (probably)

 

For a moment 1.3400 is to strong. Guess it will be broken tomorrow

 

All is ready for further move up. It is QE tapering being priced in

 

With a lack of US news today it will just continue the way it is going already. We can expect a 1.3400 break today

 

I am not so sure that anything significant will happen today

Reason: