Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 15, 2011, 11:05:51 am

Title: Trade Idea: EUR/GBP ? Hold short entered at 0.8670
Post by: machala on March 15, 2011, 11:05:51 am

Trade Idea: EUR/GBP ? Hold short entered at 0.8670

<p>Despite intra-day retreat to 0.8627, as the single currency has rebounded again, suggesting caution on our short position entered at 0.8670 and 0.8692-97 (yesterday?s high and 100% projection of 0.8357-0.8593 measuring from 0.8461) needs to holds to retain near term bearishness for a retreat later. A break of said support<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/VOGB83AzU2U" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Hold short entered at 0.8670 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/VOGB83AzU2U/)