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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 24, 2011, 11:09:44 am

Title: Trade Idea: EUR/GBP ? Hold short entered at 0.8525
Post by: machala on February 24, 2011, 11:09:44 am
Trade Idea: EUR/GBP ? Hold short entered at 0.8525

<p>Despite intra-day rise to 0.8532, as the single currency has retreated from there, retaining our bearishness and consolidation with downside bias remains for test of intra-day support at 0.8472 but break of yesterday?s low at 0.8422 is needed to signal the rebound from 0.8357 (last week?s low) has ended and,<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/BqN84kj-Pgg" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Hold short entered at 0.8525 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/BqN84kj-Pgg/)