Sunday, 26 May 2013

EURUSD Forecast May 27 - 31



The Blue Continent Currency had a mixed week, though slightly positive. It climbed from a low of 1.2821 , tested high at 1.2997 and closed at 1.2934 . The RVI is showing a potential downside move, and with prices not being able to close above the resistance at 1.2973 , Euro’s weakness may expose the following downside targets; 1.2752 and 1.2595 .

Matauang Benua Biru telah melewati minggu yang berkecamuk, namun sedikit positif. It telah memanjat dari level terrendah di 1.2821, lalu mencatat level tertinggi di 1.2997, lalu meutup di level 1.2934. Indikator RVI menunjukkan potensi pergerakan kebawah, dan dengan harga tidak mampu untuk menutup di atas resistan di level 1.2973 , maka kelemahan Euro akan mengekspos sasaran di bawah, yang berada di level 1.2752 dan 1.2595 .

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