EURUSD technical analysis setup 31st October 2013

EURUSD technical analysis

 

EURUSD technical analysis setup – Looking for a 4hr candle close lower than current intra day support at 1.368. My indicators are looking bearish – however don’t want to jump the gun. Need the Market to show her hand so that I can then look for entry and target. Potential intra day target would be the 4hr 200sma – previous support & resistance level too. Got 50 pips away after spreads etc. Got to be patient. See chart posted below for more info….

 

 

EURUSD technical analysis

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