The euro against the dollar is approaching the trend line at 1.2940.

[RTFX-Trading]

The euro against the dollar is approaching the trend line at 1.2940.  

The euro against the dollar continues to fall this morning, all buy orders placed 1.3020-50 were executed, as well as the sell stop loss orders below 1.3000 (psychological point). The euro / dollar parity comes dangerously close to the trend line at 1.2940. There is a range of buyers in this area, which corresponds to our daily commentary. There is also a series of stop loss orders selling below 1.2930.


Nicolas Longchamp
RTFX Ltd
Head Office

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