Sunday, 28 October 2012

Weekly Forecast, EURUSD, Oct 29 – Nov 02

The Blue Continent currency has completed its counter bearish trend and closed at the bottom of the bullish channel at 1.2934 . With loads of fundamental issues, the Euro may slide down further, but of course, the lazy bull may try to push and test 1.3020 . A new bearish channel may be form which will see the Euro sliding down further to test a critical support at 1.2835 , and when broken, we might see 1.2753 .

Mata uang Dunia Biru telah melengkapi tren kontra bearish dan ditutup pada bottom bullish channel di level 1.2934 . Dengan seabreg isu-isu fundamental, Euro sepertinya akan melorot lagi kebawah, namun, mungkin aja ada banteng lemah yang akan mendongkrak and coba menegtes 1.3020 . Apabila terbentuk bearish channel yang baru, si Euro akan melorot lagi dan coba mengetes support kritis di level 1.2835, dan jika jebol, kemungkinan juga di level 1.2753 .
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