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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 09, 2011, 11:10:03 am

Title: Trade Idea: EUR/GBP ? Sell at 0.8660
Post by: machala on March 09, 2011, 11:10:03 am
Trade Idea: EUR/GBP ? Sell at 0.8660

<p>Although euro retreated after early rise to 0.8635 (both the high of Monday and Tuesday are 0.8635), a break of intra-day support at 0.8570 is needed signal top has been formed there and bring weakness to 0.8530/35, otherwise, near term upside risk remains for the rise from 0.8357 to extend<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/HC0HeZ8RQFM" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Sell at 0.8660 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/HC0HeZ8RQFM/)