Eur/Usd short term rebound

After reaching the 23.6% level around 1.5080, the pair has strongly rebounded to the downside. However, the zone around 1.4945/55 should hold for today, and offer a bullish rebound in the next couple of hours. Under 1.4920, previous vision is denied. However, a break under that level seems unlikely  for today.

Original post by Val Bednarik

This entry was posted on Wednesday, December 31st, 1969 at 3:00 pm and is filed under Trading Opportunities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.