Today’s FX Trading Focus -  APRIL 10th                                            

EUR/USD trading at 1.3130   

Today I am Highlighting EUR/USD:

EUR/USD has found support in the low 1.3000’s (where there is both Chart and Mathematical support) and this corrective recovery is expected to set-up the next worthwhile Selling opportunity in EUR/USD.

Mathematical resistance is found about the 1.3165 level,(1.3210/1.3250 max) in preparation for the Euro’s next attempt to break Key 1.3050/1.3000. Once this support is broken, EUR/USD will be positioned for a sell-off toward 1.2850, enroute to the 1.2600 level over coming days (see chart below)

This EUR forecast (plus JPY, CHF, GBP, AUD and NZD) will be updated in my daily FX forecasting service, emailed to subscribers every morning. 

A three week trial is available for $50. Email TRL@clear.net.nz

Disclaimer: Max McKegg & Technical Research Ltd accept no liability  whatsoever for any loss or damage that may result, directly or indirectly, from any forecast, comment or opinion, information or omission, whether negligent or otherwise, within this report.