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Trade Idea: EUR/USD - Sell at 1.4220 - forex fx daily current outlook

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Old 01-25-2010, 02:10 PM
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Join Date: Sep 2008
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Default Trade Idea: EUR/USD - Sell at 1.4220

Although the single currency has retreated after intra-day rise to 1.4195, break of 1.4085/90 minor support is needed to signal the recovery from last week’s low of 1.4029 has ended and bring resumption of recent decline for weakness towards 1.4015 (50% Fibonacci retracement of 1.2885 to 1.5145) but reckon 1.3950...

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