EURUSD TECHNICAL ANLAYSIS TODAY

Thursday, 09 August 2012

Time: 3:00PM BST

EURUSD current price at 1.2339. The pair still remains in downtrend movement
at this hour. May expect further decline towards 1.2320-1.2300 then 1.2270 if the price drops below 1.2345. Only a clear increase above 1.2390 may trigger the price towards

1.2420-1.2440.

Trend for today based on indicators: SELL

Chart Large Size:

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.