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FX.co ★ The market manipulations analysis of the EUR/USD by Alexey Portnov for 27.09.10

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Forex Analysis:::2010-09-27T12:00:00

The market manipulations analysis of the EUR/USD by Alexey Portnov for 27.09.10

The Euro has almost reached the target after overcoming the resistance zone.
At the moment the price is solidifying below the support level of 1.3470, that testifies about the correction start to 1.3370. It is more probable from the start of the European session the buyers will begin protecting their positions and we will witness the fixation above 1.3470 and the uptrend further.
Trading recommendations:
- The situation is uncertain now, so I would recommend not to open new positions.

The market manipulations analysis of the EUR/USD by Alexey Portnov for 27.09.10

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