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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:
USD
Discuss USD
maybe wishful thinking?
if(and only IF) 3700 breaks.... yes... i'd say immediate top in place.... then test of 3400 level enroute to 2850/2900 level.... but i really don't see your 1.20 level by end of the year...
but i see more upside as long as 3800 level holds... my target still remains 4450/4500 level as long as it doesn't break below 3700...
i refer to G20 summit thursday ... a fx trader should respect such events. The range will hold until G20 but EUR has little chance to rise on G20. CDS on Ireland Greece Portugal all time high and rising. I keep my trade targets EURUSD 1,37 this month 1,20 year end ( could be lower)
what? Eur/Usd will be stuck at 3880/3920 for few days?
that's absurd! anyone can say something smarter than that...
position trading EURUSD useless. It will be between 13880 and 13920 .
it will eventually move... won't stay stuck at 77...
i'm asking where next after 77?
i thought you knew more than that....
what do you think puzzo? have you found a tunnel that would provide support for Euro long?