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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 18, 2011, 10:42:52 am

Title: Trade Idea: EUR/GBP ? Sell at 0.8525
Post by: machala on February 18, 2011, 10:42:52 am

Trade Idea: EUR/GBP ? Sell at 0.8525

<p>Despite intra-day brief fall to 0.8359, as the single currency has rebounded after holding above this week?s low at 0.8357, suggesting further consolidation above this level would take place and another corrective rise to 0.8450 would be seen, above would bring retracement to 0.8515 (50% Fibonacci retracement of 0.8672 to<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/KXDSw5N9T5M" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Sell at 0.8525 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/KXDSw5N9T5M/)