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Trade Idea: EUR/USD - Sell at 1.4130 - forex fx daily current outlook

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Old 01-26-2010, 02:30 PM
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Join Date: Sep 2008
Posts: 11,435
Default Trade Idea: EUR/USD - Sell at 1.4130

As euro is still under pressure after yesterday’s fall from 1.4195, confirming our view that recovery from 1.4029 has ended there and recent decline from 1.5145 top should resume for weakness to 1.4015 (50% Fibonacci retracement of 1.2885 to 1.5145) and possibly towards 1.3950 but reckon 1.3900 would hold from...

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