2007-08-08

If it was easy, everyone would do it...

EUR/USD 1 day chart:
Double top forming.
Also, assuming today close will be lower, we have series by lower highs.
Also we have strange and mysterious :-) support line (brown). Its importance is unknown. Line "pointing" 1.37 area.


EUR/USD 4 hours chart:
We have support (formal resistance) in 1.37.20 area. It must be broken.
Some weak support (brown) also "pointing" to 1.37 area, but this is different line than in 1 day chart.

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