Hi,

Today Euro/USD advice :

NO ENTRY

If you check a daily chart, It will be obvious that Euro/USd tedency is up.
it s been already 6 month that this tendency started. However it s not so easy to know if we are close to his end.
This week Ben Benmark and Jean claude Trichet have made comment about how they are looking for a stronger dollar and how they will act to do so.
Market reacted with a small movment from1.50 to 1.48.

I m expecting a small range time now.may be one or two Daily support break without big movment.Then we will have a strong tendency till 1.55 or 1.45.

Market on this dark time likes psychological number. let s try to take advantage of this by looking carefully daily support and resistance and volume.

Ranix