Forum > View Topic
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
Downside Breakout
1.3415
Euro faced drop pressure after last week ECB rate cut to record low 0.25% while market tested the 1.3295 zone.
as long as market holding trades above 1.3295 the market will have chance for short-run trading zone between 1.3295-1.3545.
market showing short-sell oppertunity around 1.3480-99 zone with stop loss above 1.3545
as long as market holding trades below 1.3545 the downtrend wave will sustain toward 1.3100-1.3200 zone.
above 1.3545 market may advance more toward 1.3645, 1.3715.