Monday, October 24, 2011

Eurusd Oct 24th


eurusd Sell opportunity;
stop @ 1.3900;
target 1.3844;
on the daily chart the pair is trading the 50% resistance of the last bearish move;
we can see in the hourly chart that eurusd is trading close to the middle bollinger band, but is below it at the moment;
a clear failure to go through the middle bollinger band should be a clear sign to go short with a target to the low of current candlestick;
current eurusd quote is 1.3866;
 
 
 

 

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