Trend Euro Yen November 2014

In October 2014, the euro has broken downside low price  of the time signal in September 2014, reaching a low to 134.09 and with hight closing  to 140.64.

 The breakout  of 141.44 will restore’ positivity ‘in the medium term (including the corrective trend Quarterly) with resistances 144 and 146.

The corrective trend will has  ‘the first supports to  130.10

Study with the  Gann’s Theory:

The Set Up of September 2014 (Maximus Square) was broken downside in the month of October 2014

Up side breakout  of 141.44 will restore the ‘positivity’ of the medium-term. The first dynamics resistance  are 90,75 and static at 144 and 146.

The continuation of negativity ‘ see the euro the first dynamic support to 130.10.

Article translate from analisys of  2 november 14

Massetti Francesco

FRANCESCO MASSETTI