Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 01, 2011, 11:00:16 am
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Trade Idea: EUR/GBP ? Sell at 0.8540
<p>Euro?s retreat after rising to 0.8593 last week suggests top has possibly been formed there and consolidation with mild downside bias is seen for weakness to 0.8430/40 but break of minor support at 0.8422 is needed to signal the rebound from 0.8357 has ended at 0.8593 and extend weakness to 0.8380/85 later.</p><img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/dvNTzeB2dIw" height="1" width="1"/>
Source: Trade Idea: EUR/GBP ? Sell at 0.8540 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/dvNTzeB2dIw/)