Wednesday, October 7, 2009

EURUSD (1.4712)

EURUSD seems to be settling into a nice upward trend and current
target seems around 1.4830 level. Traders will look to buy EURUSD on
dip below 1.4700 level.

Recommended Trade:

Entry 1: Buy EURUSD @ 1.4665
Entry 2: Buy EURUSD @ 1.4575
Stop: 1.4525
Profit 1: 1.4765
Profit 2: 1.4830

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