EUR/USD view for week NOV/26/2007

There will be no publication this week, since there are not much change from last week. The only difference, is that now I am bullish on EUR, since it keep hitting new highs. Will post some charts very soon or tomorrow.
However trade carefully because we can see reversal very soon, but probably not this week.
Happy week and happy trading.

EUR/USD - 4h chart
parallel channel up.

EUR/USD - 1h chart
"almost" :-) parallel channel up.

Also note the upper thin line (not the blue one), that is broken. This is the line from the parallel channel which I call "old wedge". It was broken Friday, but I can not do any estimations, since it is on weekly chart. Anyway, we will see where market go, and will do better estimation

No comments: