Although the single currency rose marginally to 1.5064 in the beginning of last week, lack of follow through buying and the retreat from there suggest a temporary top has possibly been formed there and consolidation with mild downside bias would be seen. A daily close below 1.4674-83 minor support would add credence to this view and further fall towards support at 1.4480 but it is necessary to see a clear break of this level to confirm and bring correction of recent upmove to 1.4232 (38.2% Fibonacci retracement of 1.2885 to 1.5064) would follow.[actionforex]
"P&F EURUSD60 Box Size 40X3 or(0.83%) HI/LO
Data 1.5062 - 1.3832 ~ 4 Month ~ 118.04 Day
Database 2001 records [COLOR="DarkOrange"]
1.47681 (Last Close)[/COLOR]
[COLOR="Blue"]2009-07-07 11~00
2009-11-02 12~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group"
1.5040|~4O|||==========================X===|0.15%| 8.73%
1.5000|~8O|||__________________________Xo__|0.41%| 8.44%
1.4960|~12O||________________________X_Xo__|0.68%| 8.16%
1.4920|~16O||________________________XoXo__|0.94%| 7.87%
1.4880|~2OO||________________________XoXo__|1.21%| 7.58%
1.4840|~24O||____________________X___Xo_oX_|1.47%| 7.29%
1.4800|~28O||____________________XoX_X__oXo|1.74%| 7%
1.4760|~32O||__________________X_XoXoX__oXo|2.01%| 6.71%
1.4720|~36O||==================XoXoXoX==o=o|2.27%| 6.42%
1.4680|~4OO||__________________XoXoXo______|2.54%| 6.13%
1.4640|~44O||__________________Xo_oX_______|2.8%|5 .84%
1.4600|~48O||__________________X__oX_______|3.07%| 5.55%
1.4560|~52O||__________________X__oX_______|3.33%| 5.26%
1.4520|~56O||==================X==o========|3.6%|4 .97%
1.4480|~6OO||__________________X___________|3.86%| 4.68%
1.4440|~64O||________X_________X___________|4.13%| 4.4%
1.4400|~68O||________Xo____X___X___________|4.4%|4 .11%
1.4360|~72O||________Xo__X_Xo__X___________|4.66%| 3.82%
1.4320|~76O||________XoX_XoXoX_X___________|4.93%| 3.53%
1.4280|~8OO||____X_X_XoXoXoXoXoX___________|5.19%| 3.24%
1.4240|~84O||____XoXoXoXoXo_oXoX___________|5.46%| 2.95%
1.4200|~88O||====XoXoXoXoX==o=o============|5.72%| 2.66%
1.4160|~92O||____XoXoXoXoX_________________|5.99%| 2.37%
1.4120|~96O||____Xo_oXo_oX_________________|6.25%| 2.08%
1.4080|~1OOO|____X__oX__o__________________|6.52%| 1.79%
1.4040|~1O4O|__X_X__o______________________|6.79%| 1.5%
1.4000|~1O8O|__XoX_________________________|7.05%| 1.21%
1.3960|~112O|_oXoX_________________________|7.32%| 0.93%
1.3920|~116O|XoXoX_________________________|7.58%| 0.64%
1.3880|~12OO|_oXo__________________________|7.85%| 0.35%
1.3840|~124O|_o____________________________|8.11%| 0.06%
1.3800|~128O|______________________________|8.38%|-0.23%
Column|~132O|145414461856734533135873735833|
Count|~136O|____O___O_________4___________|
