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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
you have any posi? long or short?
yes dave.... didn't place any stops for that one....
will short again if it jumps higher.... but i think it will be heading south soon...
tp remains 4360....
Euro pierced above the daily Bollinger band top at $1.4529,
albeit briefly and now back within range. However, the daily studies
continue to point higher and well below overbought levels -- imply
further upside scope to $1.4570, which is the 61.8% retracement of
$1.4940 to $1.3971 move. Support comes in at $1.4402/16.
hesistated and entered shorts at 4506....