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Saturday, September 19, 2009

Analysis for EURUSD 14 – 18 Sep

Last Week (24 – 28 Aug)

O: 1.4303 H: 1.4377 L: 1.4177 C: 1.4303

Last Week (24 – 28 Aug)

O: 1.4321 H: 1.4636 L: 1.4317 C: 1.4581

Weekly


Daily

Hourly


Expected for this week:

  • The dollar was very weak last week with no reversal.
  • However, it closed as a doji on the daily and we may expect a reversal on Monday.
  • The trend is still bullish overall with an expected new high at 1.4830.
  • Reversal stops may be at 1.4570, 1.4523, 1.4496
  • It is unlikely that 1.4496 can be broken but if it does, 1.4444 is the next stop.

Resistance: 1.4830, 1.4734, 1.4676, 1.4634, 1.4608,

Support: 1.4570, 1.4523, 1.4496, 1.4444

Fundamentals:

Mon – NY session Tue – Euro/NY Session Wed – Euro/NY Session Thu - NY Session

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