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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 03, 2011, 11:08:01 am

Title: Trade Idea: EUR/GBP ? Exit short entered at 0.8540
Post by: machala on March 03, 2011, 11:08:01 am
Trade Idea: EUR/GBP ? Exit short entered at 0.8540

<p>Current sharp rebound has dampened our bearishness and near term upside risk is seen for another test of resistance at 0.8593, however, break there is needed to signal early fall from 0.8672 has ended at 0.8357 and bring further gain to 0.8640/50 but reckon said resistance would hold from here.</p><img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/JFyHq3YLOZI" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Exit short entered at 0.8540 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/JFyHq3YLOZI/)