The spot rate has bounced off the lower limit of its short term bearish channel at 1.3430 and approaches the upper limit of this one at 1.3530. A break of these levels would free up significant potential.
According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1.3530 with a 1st objective of 1.3620, then 1.3660. A break in 1.3510 would invalidate this scenario.
http://instaforex.com/forex_analysis/23199/?x=OUE
C-GB
C-GB Algo Hedge Fund,with the Best Pamm Account Managers,a pure systematic (automated) trading program which is quite different than most as it utilizes sophisticated algorithms , our Fund provides exceptional strength, and stability. Trading Forex, CFD's Gold,Oil,Futures, New Clients Receive Free Start-up Capital -No Catches No Risk- Invest in C-GB Algo Hedge Fund open an Account in Minutes Below.
No comments:
Post a Comment