Trade Idea Wrap-up: EUR/USD ? Stand aside

Trade Idea Wrap-up: EUR/USD ? Stand aside

<p>Although the single currency has risen again in U.S. morning and price briefly penetrated psychological resistance at 1.4000, however, loss of near term upward momentum should prevent sharp move beyond 1.4047 (61.8% projection of 1.2860-1.3862 measuring from 1.3428) and 1.4065-70 (1.618 times projection of 1.3744-1.3890 measuring from 1.3833) is likely<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/Ck_bMvUbyk8" height="1" width="1"/>

Source: Trade Idea Wrap-up: EUR/USD ? Stand aside