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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 08, 2011, 11:07:37 am

Title: Trade Idea: EUR/GBP ? Sell at 0.8660
Post by: machala on March 08, 2011, 11:07:37 am
Trade Idea: EUR/GBP ? Sell at 0.8660

<p>Although the single currency has retreated after rising to 0.8635 yesterday, a sustained breach below yesterday?s low at 0.8572 is needed to signal top has been formed there, otherwise, near term upside risk remains for the rise from 0.8357 to extend an exhaustive upmove to 0.8650/60, however, loss of near<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/7FYTDgYaya8" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Sell at 0.8660 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/7FYTDgYaya8/)