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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on February 25, 2011, 11:05:50 am

Title: Trade Idea: EUR/GBP ? Sell at 0.8640
Post by: machala on February 25, 2011, 11:05:50 am

Trade Idea: EUR/GBP ? Sell at 0.8640

<p>Although the single currency has retreated after intra-day brief rise to 0.8593, this week?s rally suggests near term upside risk is for a strong retracement of the decline from 0.8672 and one more rise to 0.8620 cannot be ruled out, however, reckon 0.8650 would limit upside and said resistance at<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/UiZzhobDFoI" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Sell at 0.8640 (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/UiZzhobDFoI/)