Eur 1 Hour (06.12.10)

 

Euro 1 Hour Chart Update Only For Technical Traders:
Long Term Scenario: Broadening Formation
Intraday Scenario: Triangle
Resistance: (Red) 1.33 | (White) 1.34
Support: (Red) 1.3240 | 1.32

More Info: As we can see Eur.Usd was moving in a yellow broadening formation since Oct.2010 | Today we are stuck inside the triangle with res. 1.33 & sup 1.324

Trading:
- Close under red support 1.32 will bear 1.31 / 1.30
- Close above red resistance 1.33 will bull 1.33 / 1.34

Trade drawing & respecting TRENDS.

Learn More: http://TonyNassar.com/fxeducation