Monday, March 16, 2009

EURUSD (1.2929)

EURUSD is looking to target 1.3050 at the moment and traders will look to buy EURUSD on dips below 1.2900 level. Initial target seems around 1.3000 level and from there we might see long term traders looking to sell EURUSD.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.2865
Profit Target 1: 1.2995
Profit Target 2: 1.3040

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