Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 23, 2011, 11:04:43 am
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Trade Idea: EUR/GBP ? Sell at 0.8525
<p>Euro?s rebound yesterday to 0.8477 on broad-based strength in the single currency adds credence to our view that further consolidation above last week?s low at 0.8357 would take place and another corrective rise to 0.8515 (50% Fibonacci retracement of 0.8672 to 0.8357) would be seen, however, reckon resistance at 0.8529<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/3eaLutQkFY4" height="1" width="1"/>
Source: Trade Idea: EUR/GBP ? Sell at 0.8525 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/3eaLutQkFY4/)