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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
yes shorts could work nicely,,100pips or so..
BUT i ll be buyer from 1,3394 to 1,3345 with 1,3275 sl..pt 300pips higher on each..I think not only 1,38 can be the target for the bulls, but the round number 1,40 is important...61.8fib rtrcmnt of the large downmove...
and when making helpful posts..
only break below 3297 level would see deeper correction to 3150/60 level....
I have found more cautious comments regarding forced Euro strength without fundamental support onhttp://www.newsnow.co.uk/h/Business+%26+Finance/Currencies
perhaps a very helpfulsite for your followers
http://www.thejakartaglobe.com/business/will-america-and-japans-monetary-policies-cause-the-euro-to-rise-further/398144
http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/biztalk/2010/September/biztalk_September37.xml§ion=biztalk
http://www.ibtimes.com/articles/65672/20100926/euro-rises-but-for-the-wrong-reasons.htm