Due to a X-Sequentials reversal pattern a up move ´till 1.2761-1.2846 has been forecasted.

The stop was set at 1.1874.

The Eur/Usd reached it´s X-Sequentials up move target zone.

Today´s high at: 1.2803

Current quote : 1.2779

Chart 1: Eur/Usd X-Sequentials Forecast from 6/12/2010

Chart 2: current Eur/Usd X-Sequentials Chart

Forecast:

Within the range of 1.2761 to 1.2846 a reversal is to due.

Down move target zone :

1.24-1.23

yours sincerely ,

Devin Sage ,TXA Trading www.Technische-X-Analyse.de