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  4. EUR/USD Signal- July 31, 2012
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EUR/USD Signal- July 31, 2012

By Alp Kocak
Alp Kocak
By Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.

Currency: EUR/USD
Trend Expected Direction: Down
Method: Ichimoku, Technical Analysis
Description: EUR/USD found support at 1.2230 yesterday and today turned north. The pair is trading above the kumo on the H4 chart. The pair is also trading above Tenkan sen and Kijun sen lines.
Recommendation: Long
Target Area: 1.2390
Stop-Loss: 1.2210

EURUSD Signal 73112

Alp Kocak
About Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.
 

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