EURUSD TECHNICAL ANALYSIS OUTLOOK

Thursday, 23 Aug 2012

Time: 3:40PM BST

Eurusd current price at 1.2555 the pair remains in uptrend movement today. My analysis expect further rise towards 1.2580 then 1.2600-1.2630-60 area. If the the price break above 1.2575. On the other hand if there's clear decline 1.2540 then next target around 1.2520-1.2500.

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Trend for today based on indicators: BUY

Don't trade on low equity balance. You can use my signal just with 1000$ capital and all time risk amount maintain the position size should be adjusted.