Pair is right now in no mans land sitting between support and pivot . So not a great time to enter a trade. 2 Possible entry points for later : one at A ,at the Sloping downtrend line and also at Support 1 at 1.31 Look for shorts firstly from A or if we break A then look for a failure to break back down to go long. At support watch for smilar but I will be watching for either a failure of price action to break for longs or for a sustained break for shorts. As always look for candlestick signals to get you into trade.
in Daily Signal - 03 Oct, 2011
#EURUSD for Tuesday