2007-03-11

EUR / USD - daily chart

more or less the situation is same as week ago. EUR must bounce now, and must go to upprer (tick) line @ ~ 1.3240. It may also break the line, but we will see, may be is too early for this.


Now lets see 4 hours chart, where we have smaller triangle. We are at the bottom, which was hit in friday. The bottom was upper low, from the low from 05.mar.2007.

Note that bottom triangle line is drawn according closing price (and not as I usualy do on low). So the bottom could be lower than the bottom line.

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