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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 22, 2011, 11:02:44 am

Title: Trade Idea: EUR/GBP ? Sell at 0.8525
Post by: machala on February 22, 2011, 11:02:44 am
Trade Idea: EUR/GBP ? Sell at 0.8525

<p>Despite euro?s intra-day retreat, as the single currency has rebounded again in part due to the hawkish comment from ECB official, retaining 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<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/tmMfhB4P7dE" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Sell at 0.8525 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/tmMfhB4P7dE/)