EURUSD: testing an important support at 1.4050-80.

[RTFX-Trading]

EURUSD: testing an important support at 1.4050-80.

The EURUSD is down this morning to 1.4100, after reaching 1.4172 this morning in Asian trading at 01h58CET.

1.4050-80 support is very important: 1.4085 is the 55 day moving average, while a Harami is also present. If this support holds, the EURUSD should quickly regain the levels reached in early August of 1.4447, while a break of this support should lead to test 1.4007.



Nicolas Longchamp
RTFX Ltd
Head Office
The Cornerstone Complex, 16th September Square | Mosta MST 1180 | Malta
Tel:  +356 23 31 00 00
Fax: +356 21 41 24 58
Web: www.rtfx.com

This message and any attachments (the "message") are intended solely for the addressees and are confidential. If you receive this message in error, please delete it and immediately notify the sender. Any use not in accordance with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except with formal approval. The internet cannot guarantee the integrity of this message. RTFX Ltd (and its subsidiaries) shall (will) not therefore be liable for the message if modified. Do not print this message unless it is necessary, consider the environment. RTFX Ltd holds a Category 3 license issued by the Malta Financial Services Authority.