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Trade Idea: EUR/USD - Sell At 1.4160 - forex fx daily current outlook

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Old 01-27-2010, 06:06 AM
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Join Date: Sep 2008
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Default Trade Idea: EUR/USD - Sell At 1.4160

Euro's sharp retreat from 1.4195 signals correction from 1.4029 has ended there and bearishness remains for recent decline from 1.5145 top to resume after consolidation and extend weakness to 1.4015 (50% Fibonacci retracement of 1.2885 to 1.5145) and possibly towards 1.3950, however, loss of downward momentum should prevent sharp fall...

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