Weekly forecast from June 7th to June 11th

Written by Davidstones on June 6, 2010 – 9:58 am -

Hi there, fellow trader :-)

Despite the breakout of 1.20 (very important psychological quote), I still think that the euro will be able to resist for a while …Here’s the chart with  1 hour time frame.According to my predictions (you know,  very sharp and direct) the EURUSD cross rate  should follow the oscillations shown in the picture:1) rises to 1.2150/1.2222) drops to 1.193) rises to 1.2150 / 1.224)drops to 1.205) rises to 1.2150 / 1.226) drops to  1.18Obviously the trend can be very slow, and not all steps could be completed.As you see, I don’t use two-meaning words. I think so, and so I will set my trading.You can try all you want, but you will not find anyone who expresses himself  so clearly (and risky), because it takes courage and conviction.I wish you a very profitable trading, and I wait for your kind opinion.David Stones

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