28/July/2014
Our 16 Winners: 22/July to 28/July 2014
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Below is just one of our many winners :
Our Winning Trades
WEEKLY EUR/USD OUTLOOK - +1.3430+
Update Time: 28 Jul 2014 01:18GMT
Fri's brief break of June's 1.3503 low to a fresh
5-month trough of 1.3491 signals decline from May's
2-1/2 year peak at 1.3995 would resume after minor
consolidation n yield weakness toward daily chart obj.
at 1.3399, 'loss of momentum' should prevent steep
fall n reckon 1.3370 would hold on 1st testing.
Sell euro on recovery in anticipation of such a
move. Only above 1.3640/50 res confirms a temporary
low is made n risks stronger retracement to 1.3700.
STRATEGY : +Exit short+
POSITION : +Short at 1.3540+
RESISTANCE : 1.3549/1.3589/1.3650
SUPPORT : 1.3454/1.3399/1.3370
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