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Monday, May 9, 2011

The market manipulations analysis of the EUR/USD by Alexey Portnov for May 9, 2011

The medium-term expectations turned out to be true - the euro started to decline. There are all conditions for a reverse and further decline of the euro. Today there are certain conditions fro testing the sell levels. Therefore, today we should expect the zone 1.4480-1.4540 to be tested, afterwards further decline will follow.
Trading recommendations:
-i recommend to sell if the supply zone is successfully tested.
http://instaforex.com/forex_analysis/28263/?x=OUE 
 

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