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in Daily Signal - 22 Sep, 2011
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#EURUSD for Thursday
EURUSD 30min Bearish Engulfing

EURUSD 30min Bearish Engulfing

Nice candlestick earlier on today on the 30 min chart which hopefully got you into trade just above the 1.3750 as spoken about yesterday.

So: for today

EURUSD 1hour

EURUSD 1hour

We have 3 possible places to watch here .A at 1.35 ; watch here for support to take longs back up on a nice candlestick alert and of course the price action failing to break through . B i am looking at as place for interim resistance to look for either a short or a long depending upon price action around that point and C ,I am looking for a sustained break here and a nice candlestick for long positions. Looks like a day for patience. Also if the price goes busting through the 1.35 level dont try to chase it to the short side.