The euro is testing the rising trendline; penetration would indicate that the recent rally has
weakened, and reversal below 1.2500 would indicate another test of primary support at 1.1900.
I remain bearish on EUR/USD.
"P&F
EURUSD5 Box Size 25X3 or(0.58%) HI/LO
Data 1.3333 - 1.2663
~ 1 Month ~ 23.49 Day
Database 5000 records 1.27105 (Last Close)
2010-07-28 11~15
2010-08-20 22~55 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"
1.3325|~25|||______________+______________________ _____|0.06%|5.23%
1.3300|~5O|||______________x_o____________________ _____|0.25%|5.03%
1.3275|~75|||______________x_o_+__________________ _____|0.44%|4.83%
1.3250|~1OO||______x_______x_o___+________________ _____|0.62%|4.64%
1.3225|~125||______x_o_x___x_o_x___+______________ _____|0.81%|4.44%
1.3200|~15O||______x_o_x_o_x_o_x_o___+____________ _____|1%|4.24%
1.3175|~175||______x_o_x_o_x_o_x_o_____+__________ _____|1.19%|4.04%
1.3150|~2OO||______x_o_x_o___o_x_o_______+________ _____|1.37%|3.85%
1.3125|~225||______x_o_____+_o_x_o_________+______ _____|1.56%|3.65%
1.3100|~25O||__x___x_____+___o_x_o___________+____ _____|1.75%|3.45%
1.3075|~275||__x_o_x___+_____o___o_____________+__ _____|1.94%|3.25%
1.3050|~3OO||__x_o_x_+___________o_______________+ _____|2.12%|3.06%
1.3025|~325||o_x_o_x_____________o________________ _+___|2.31%|2.86%
1.3000|~35O||o_x_o_______________o________________ ___+_|2.5%|2.66%
1.2975|~375||o_+_________________o________________ _____|2.69%|2.46%
1.2950|~4OO||+___________________o________________ _____|2.87%|2.27%
1.2925|~425||____________________o_x______________ _____|3.06%|2.07%
1.2900|~45O||====================o=x=o=x===x===x== =x===|3.25%|1.87%
1.2875|~475||____________________o_x_o_x_o_x_o_x_o _x_o_|3.44%|1.67%
1.2850|~5OO||____________________o___o_x_o_x_o_x_o _x_o_|3.62%|1.48%
1.2825|~525||________________________o_x_o_x_o___o _x_o_|3.81%|1.28%
1.2800|~55O||________________________o___o_x_____o _x_o_|4%|1.08%
1.2775|~575||============================o=x=====o =+=o=|4.19%|0.88%
1.2750|~6OO||____________________________o_______+ ___o_|4.37%|0.69%
1.2725|~625||_____________________________________ ___o_|4.56%|0.49%
1.2700|~65O||_____________________________________ ___o_|4.75%|0.29%
1.2675|~675||_____________________________________ ___o_|4.94%|0.09%
1.2650|||||||_____________________________________ ___+_|5.12%|-0.1%
Column|||||||3_5_4_1_5_4_3_6_1_6_1_3_5_4_6_6_3_3_5 _5_9_|
Count||||||||______O_________O___5________________ _____|
BJF Trading Group. Excel Chart. Full size.
