High Risk Warning | Advisory Warning
Home » Forex Trading » EURUSD surges higher. Next target tested at 1.5145 (high 1.5140)

EURUSD surges higher. Next target tested at 1.5145 (high 1.5140)

Written November 25, 2009 at 2:24 PM EST by Greg Michalowski 

Email This Post Email This Post   Print This Post Print This Post

gregmike-057022

Stops triggered. The price reaches a high of 1.5140.  As per prior post, the next target of 1.5145.   Do not be surprised to see another test of the level, with support at the 1.5095 level now.  

For those looking ahead, the 1.5285 level becomes another longer term target level (see chart above). It seems the market seems to be short and the illiquid conditions are pushing the market.

gregmike-05716

Categories: Forex Trading  |  
Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google
  • Furl
  • LinkedIn
  • Live
  • NewsVine
  • Reddit
  • Spurl
  • StumbleUpon
  • Technorati
  • TwitThis
  • Yahoo! Buzz

One Response to “EURUSD surges higher. Next target tested at 1.5145 (high 1.5140)”

  1. Forexnewshelp.com on November 25th, 2009 2:37 pm

    EUR/USD at New Max Since August 2008

    thanks for the info

Add a comment