Kamis, 10 Maret 2011

EURUSD Holding Above Trendline Support

Quote of the day:“Gambling promises the poor what property performs for the rich–something for nothing.” -�George Bernard Shaws
EURUSD – 1.3896 @07:42 GMT
Morning. Euro’s pullback continued, touching a daily low at 1.3862 yesterday – not far above my planned entry price at 1.3850. As mentioned yesterday – I remain bullish on EURUSD on both short term and medium term basis, as long as price doesn’t retreat below 1.3750-1.3800, but I am cautious at these levels and frankly, I prefer to see some decent signs of recovery to confirm that uptrend resumes. Meanwhile, I am keeping an eye on the intra-day resistance/former Read More

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