EUR/USD : Critical Point 1.3866 *LINK*

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Hong Kong Qindex 17:01 GMT July 12, 2011 - My Profile
EUR/USD : Current Comments : Reply
EURUSD
Entry: Target: Stop:

EUR/USD : Critical Point 1.3866

In my system 1.3866 and 1.4049 are two major critical points for this month. The bias is on the downside when the market is trading below 1.4049. Speculative selling pressure will increase when the market downward trending momentum is strong enough to penetrate through th barrier at 1.3866 // 1.3918. We have to wait and see the closing data of New York session. The historical data in the Global-View.com is a good reference.

Qindex.com

EUR/USD : Monthly Cycle Charts
http://www.qindex.com/euro.html

EUR/USD : Monthly Cycle Charts

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