June 10th 2013 9:00 GMT

Eurodolar reached suport in 1.3280 area, and it is also strengthen by Kijun line. All other Ichimoku lines also are in up-trend dirtection so signal is proper. Potential SL is very near because I will close transaction if candle close below Kijun.

In daily chart we had also buy signal on Friday. Those fact also let me open bigger position. Target is 1.3600 where price should go if this suport level will be defended.


End of correction

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Marcin Wenus
Comparic.com Editor-in-Chief. Trading since 2004, professionally connected with Forex market since 2006. Fan of technical approach to the markets – currently focuses on Ichimoku Kinko Hyo and Price Action strategies. He focuses on favorable risk-reward ratio in his own transactions. Speaker at many conferences on investment in capital markets, as a lecturer he cooperates with the largest brokerages in Poland and in the world. Vice President of the FxCuffs Foundation – Education and Development of Financial Markets.

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