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Posts by "catnip"
2150 Posts Total by "catnip":
2148
Posts by Anonymous "catnip":
The outcome of such net short net long was different and depends on the price of EUR in USD and on USDx.
2008: Euro traded in a range from 1.4380 to 1.4950 broke out to 1.6020
2009: Euro traded in a range of 1.4625 to 1.5150 broke down to 1.1900
2010: Euro traded in a range of 1.3700 to 1.4280 broke down to 1.2870
Most likely for a mid term trade
short EURUSD 1.4 to 1.41 with sl 1.43
tp 1.35, 1.34, 1.33