Seems like a breakdown below the 0.900 psychological support today as mentioned last week, more downside from here ?
Sent: Thursday, July 23, 2015 10:07 AM
Subject: ********* Ezion: Hovering above the 0.900 support level, still negative below 0.95, cautious, price 0.91
Subject: ********* Ezion: Hovering above the 0.900 support level, still negative below 0.95, cautious, price 0.91
Following up from previous call, we have indeed seen Ezion neared the 0.900 psychological support level. This would be a critical level to watch if it were to stem its downside. Any breakdown below 0.900 can pave the way to 0.84 then 0.80 in the short term. Currently, we can see huge buyers stacked at this 0.90 level but if it gets taken out wholly, got to be careful of any long positions. All 3 moving averages still pointing lower with long term trend still downwards with oil prices still remaining weak. As long as 0.95 is a resistance, still a negative. CFD SELL to ride the weakness further below 0.900 support breakdown.
Sent: Monday, July 20, 2015 9:09 AM
Subject: ********** Ezion: Breakdown of 0.94 support as mentioned, price 0.93
Subject: ********** Ezion: Breakdown of 0.94 support as mentioned, price 0.93
Ezion has kind of broken below the 0.94 – 0.945 support level that we have talked about last week. Note that there can be more downside towards 0.90 if it stays below 0.94 – 0.95 now. CFD SELL can be used to ride any downside from here. More downside below 0.900 psychological support too.
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