Intraday Market Thoughts

Latest Double Trade in EURUSD

by Ashraf Laidi
Jul 12, 2011 12:23

USDJPY makes one of those typical recoveries after testing the 79 level but downside remains rooted for fresh losses due to the combination of prolonged USD worries and nervous global equities. Gold posts its first decline after 6 consecutive daily losses. EURUSD hovers above $1.39, with the 200 DMA & 200 WMA at less than 100 pips away, suggesting that $1.3880s may stand as the next key support. See our LATEST PREMIUM trade issued today titled "Fresh Double EURUSD Trade" To become a member, please a click here:


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