eur-usd position in the current situation
Current situation seems to be grim for euro but it isn't good for dollar index either, it has got a strong support at 1.3050 and resistance at 1.3250, it will keep on dangling in between till we get to see some solution to eurozone turmoil, especially Greece.
EURUSD Ichimoku - Weekly TF
If we close above 1.3250, I wonder how far can the price advance. The upside is limited by a strong resistances on weekly TF, which is fairly bearish. Perhaps it's a good selling area there.
Originally Posted by psperos
News that Greek Finance Comittee Approved Debt Swap Bill Sending Euro Higher
News that Greek Parliament Finance Comittee Approved Debt Swap Bill Sending Euro Higher-
Yes indeed Clive! There have been a lot of whipsaws. Fading the breakout seemed to work until it stopped!