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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 14, 2011, 11:01:24 am

Title: Trade Idea: EUR/GBP ? Hold short entered at 0.8670
Post by: machala on March 14, 2011, 11:01:24 am
Trade Idea: EUR/GBP ? Hold short entered at 0.8670

<p>Despite intra-day brief rise to 0.8692, as the single currency has retreated from there, retaining our near term bearish expectation for a selloff to take place soon and consolidation with downside bias remains, however, below Friday?s low at 0.8590 is needed to signal top has been formed, then further fall<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/Du0YpLBW1pk" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Hold short entered at 0.8670 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/Du0YpLBW1pk/)