empty
 
 
11.05.2012 05:32 PM
EUR/USD Buy Above 1.2905 for May 11, 2012 (Daily Strategy)

This image is no longer relevant

 The EUR/USD pair has been trading very closely to the weekly low of 1.2905. The probability of an upward bounce is imminent, but it is necessary to be cautious and do not sell at current levels.

We must wait for the fundamental data release. In view of this range indicator is oversold and is showing signs of a correction. Therefore, we recommend buying 1.2920 with short-term to 1.3200

The Stop Loss is to be placed below the 1.2905 level. Around the 1.2890. We are concerened about operating the instruments in the oversold area.

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback