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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 02, 2011, 11:02:25 am

Title: Trade Idea: EUR/GBP ? Sell at 0.8540
Post by: machala on March 02, 2011, 11:02:25 am
Trade Idea: EUR/GBP ? Sell at 0.8540

<p>As the single currency has recovered after falling to 0.8461 yesterday, suggesting consolidation would be seen, however, as top has possibly been formed 0.8593 last week, upside would be limited to 0.8555/60 and bring another decline to 0.8430/40 but break of minor support at 0.8422 is needed to signal the<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/R4HY56lJAAM" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Sell at 0.8540 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/R4HY56lJAAM/)