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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: machala on March 16, 2011, 11:08:12 am

Title: Trade Idea: EUR/GBP ? Stand aside
Post by: machala on March 16, 2011, 11:08:12 am
Trade Idea: EUR/GBP ? Stand aside

<p>Although the single currency has risen again after yesterday?s retreat to 0.8627 and rose to as high as 0.8710 yesterday, weakening of upward momentum should prevent sharp move beyond 0.8740/50 and risk from there remains for a subsequent retreat later this week.</p><img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/6hoY2XRTQH0" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Stand aside (http://feeds.actionforex.com/~r/ElliottWaveDailyTrades/~3/6hoY2XRTQH0/)