FX Trading UPDATE

EUR/USD:

The Euro’s Uptrend is developing well and after the (healthy) corrective reaction from Yesterday’s 1.3525 peak, is again a worthwhile Buy, for the next Advance above 1.3485/1.3525 Resistance – onto the 1.3590 level, enroute to 1.3690/1.3715 and 1.3800 over the coming days (see chart analysis below)

Support is now at 1.3430 & 1.3400/1.3365 max.

On my Bullish EUR/USD position I am placing my Stops; 50% just under 1.3400 and the Balance just under 1.3360 (all Until Key 1.3535 resistance is cleared, then All Stops Raised).

This forecast, together with JPY, CHF, GBP, AUD and NZD, will be updated in my FX forecasting service emailed daily to subscribers. For a 3 week trial of the daily updates email TRL@clear.net.nz

If you would like to Receive a 3-Week Trial of my FX Trading/Forecasting Service  email me at:  trl@clear.net.nz