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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 11, 2011, 12:29:43 pm

Title: Trade Idea: EUR/GBP ? Sell at 0.8670
Post by: machala on March 11, 2011, 12:29:43 pm
Trade Idea: EUR/GBP ? Sell at 0.8670

<p>As the single currency has rebounded again after yesterday?s retreat to 0.8534, suggesting near term upside risk remains for the rise from 0.8357 to extend marginal gain above resistance at 0.8635, however, as broad outlook is still consolidative, resistance at 0.9672 should limit upside and bring retreat later. Below said<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/_oN7mfkhoUU" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Sell at 0.8670 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/_oN7mfkhoUU/)