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Unread 10-07-2013, 03:24 AM
WindsorBrokers WindsorBrokers is offline
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Windsor Brokers - Short Term Technical Analysis for Majors (07:00 GMT)

EURUSD

The Euro remains in near-term corrective mode, off fresh high at 1.3645, with weekly close at 1.3550, where 4-hour 55DMA / Fibonacci 61.8% of 1.3476/1.3645 contained pullback. Positive structure on 4-hour chart, along with weekly gap-higher opening, holds the overall positive sentiment, however, week hourly studies keep the downside at risk. Extension below session lows at 1.3560 and Last Friday
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