Friday, September 11, 2009

EURUSD(1.4585)

EURUSD is moving nicely in upward trend and we might see EURUSD taking
a bit of correction and then again resuming its upward move towards
1.4700 level. Currently trades will look to buy EURUSD around 1.4530
level. RSI is at 67 and seems to have more than enough space for
EURUSD to move towards 1.4700 level.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.4530
Stop: 1.4460
Profit Target: 1.4700

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