EUR/USD & EUR/JPY at New lowest level

The asia session EURO seen weaker, EUR/JPY weakened around 75 point & EUR/USD weakened around 55 point of market opening. And this is the latest lowest level for EUR/JPY & EUR/USD  in this month, EUR/JPY at price 124.80 & EUR/USD at price 1.3910.

Yesterday I tell to you EUR/USD will up to 1.4100, and me there buy position at price 1.3984, and get about +40 pips, EUR/USD just touched at price 1.4050 and down again, because final data release indicators Core Durable Goods Orders m/m has just been released by the Census Bureau showed signals of progress was encouraging in the United States economy. Durable Goods Orders m / m reported experiencing a 0.9% decline in the previous which is expected to fall to 0.4% from 2.0%.

And now on the market EURO session, with the news release M3 Money Supply y/y and experienced improvement, observed EURO strong.

EUR/JPY & EUR/USD has oversell, will reverse, good moment to buy for long term.

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EUR/USD Has Oversell

After the month of november 2009 EUR/USD at highest level, at price 1.5140 and today EUR/USD at new lowest level on january 2010, at price 1.3934

EUR/USD daily chart

EU-28 jan-10

Be careful, EUR/USD has oversell, good moment to reverse, good for buy, I think EUR/USD will up to 1.4100

And I tried buy EUR/USD @ 1.3984

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