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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
( in oreder of appearance)
Merkel to voters: germany will emerge stronger
(EUR raises)
adds ...after I'm dead and gone
my doc says I will live to 100 at least
(EUR plunges)
no... its the banks and Italy
EUR fell with soc gen, exact at same time
well done... :)
really depends on your style of trading...
but expecting the support line to be tested...
so i'd rather sell on rallies to 4490/4500 for 4370/80.... then go long again....
or if we see continuation to the downside without correction.... i'd buy when the support line is tested and add at 4300 level(if support breaks)..... if support line breaks.... tp for the longs should be around 4450 level....
weekly close below 4200 would be the first warning signal for this bullish set-up and break of 4055 confirms failure to the upside....
expecting 4350/70 to hold for 1 more push higher to 4600/20 level b4 pulling back further 4240/50 then challenging 4700 resistance....