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Wednesday, 4 July 2012

COPYCATFX CHART ANALYSIS AND TRADE SET UP 4.07.12

The EUR.USD lost another ground today given rise to lower price.As we early stated on Monday of this Week that we forsee a range trade before any upward thrust .We will keep our eyes pen to any Price Actin setup around 1.2440

Tuesday, 3 July 2012

COPYCAFX CHART AND TRADE SET UP ON EUR.USD (2.07.2012)

The EUR.USD pullback from the previous Friday explosive move, closing the day at  1.2578.We will like to see a close above the near term resistance zone around 1.2745.There are two possibilities for this market in near term,ranging tendency between 1.2745 to 1.2440 or a pullback price action setup that will ensure the continuation of the explosive move.