Comments on: EUR/USD: Still in range-trading mode so look to sell rallies https://fxww.com/eurusd-still-in-range-trading-mode-so-look-to-sell-rallies/ The Professional Source Tue, 16 Oct 2012 08:20:17 +0000 hourly 1 By: Iridium https://fxww.com/eurusd-still-in-range-trading-mode-so-look-to-sell-rallies/#comment-1629 Tue, 16 Oct 2012 08:20:17 +0000 http://fxww.dreamhosters.com/?p=1505#comment-1629 I think the market is going to price in the bailout now, and we shall break above the trend line resistance around 1.3020 (the usual american bullishness will show up again). And after that, a small coffee break in the 1.3050 would throw us back down to 1.3020 before we go up again closer to 1.31. So today will be consolidation in the 1.30x imho before further action towards 1.317x in the coming days. I still maintain no breakout of the 1.317 until official request comes.

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By: Papillon https://fxww.com/eurusd-still-in-range-trading-mode-so-look-to-sell-rallies/#comment-1627 Tue, 16 Oct 2012 08:14:43 +0000 http://fxww.dreamhosters.com/?p=1505#comment-1627 Well done for this trade. you will sleep peacefully this night 🙂

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