Some Tuesday Charts to Watch

Good morning. Euro seems to be getting some relief, retesting 1.300 at time of writing. A breach would open the door to 1.32-1.33. German Zew and US CPI are today’s most important events.

Market sentiment: intraday – bullish, short-term – slightly bullish

Potential trade strategy: none

EURUSD hourly 10-16-2012

EURUSD hourly 10-16-2012

4hrs chart: 1.3070 follows 1.300 as next upside barrier to watch

EURUSD 4hrs 10-16-2012

EURUSD 4hrs 10-16-2012


About abwehra group

The Art&Science of Trading Gold
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