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| | |-+  Trade Idea: EUR/GBP ? Sell at 0.8525
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Author Topic: Trade Idea: EUR/GBP ? Sell at 0.8525  (Read 1705 times)
machala
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« on: February 16, 2011, 11:00:11 am »

Trade Idea: EUR/GBP ? Sell at 0.8525

<p>Despite yesterday?s fall to 0.8357, as the single currency found good support there and has staged a sharp rebound today, suggesting a temporary low has possibly been formed and consolidation with mild upside bias is seen, break of yesterday?s high at 0.8449 would bring retracement to 0.8515 (50% Fibonacci retracement<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/0VayYTT4kh8" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Sell at 0.8525
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