Asian Market Session
after Europe to provide assistance in the repayment of Greece in a very large number (resource: Bloomberg), the Euro rose to 1.3678 range in the Asian market session. This gives two possibilities: EURO will continue to strengthen until to 1.37 or retrace to 1.35, it is very difficult to predict because we do not yet know the reaction of the markets in London and New York session. But I feel EURO will retrace first which then may be raised at the London session
Pivot
R-4 1.3799
R-3 1.3697
R-2 1.3596
R-1 1.3544
Pivot 1.3443
S-1 1.3391
S-2 1.3290
S-3 1.3238
S-4 1.3187
My recommendation:
BUY@1.3680 SL@1.3623 TP@1.3749 TP2@1.3818
SELL@1.3623 SL@1.3680 TP@1.3575 TP2@1.3548
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