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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: pranjali on March 03, 2011, 11:03:43 pm

Title: Trade Idea Wrap-up: EUR/USD ? Buy at 1.3850
Post by: pranjali on March 03, 2011, 11:03:43 pm
Trade Idea Wrap-up: EUR/USD ? Buy at 1.3850

<p>As the single currency has rallied after intra-day retreat to 1.3833, suggesting recent upmove is still in progress and gain towards psychological resistance at 1.4000 would be seen, however, near term overbought condition should prevent sharp move beyond there and reckon 1.4050/60 would hold from here and bring correction later<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/R6Gar1HChYQ" height="1" width="1"/>

Source: Trade Idea Wrap-up: EUR/USD ? Buy at 1.3850 (http://feeds.actionforex.com/~r/CandlesticksIntradayTrades/~3/R6Gar1HChYQ/)