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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 1408 times)
machala
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« on: February 23, 2011, 11:04:43 am »

Trade Idea: EUR/GBP ? Sell at 0.8525

<p>Euro?s rebound yesterday to 0.8477 on broad-based strength in the single currency adds credence to our view that further consolidation above last week?s low at 0.8357 would take place and another corrective rise to 0.8515 (50% Fibonacci retracement of 0.8672 to 0.8357) would be seen, however, reckon resistance at 0.8529<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/3eaLutQkFY4" height="1" width="1"/>

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