Thursday, October 29, 2009

EURUSD (1.4761)

EURUSD has broken below an important level at 1.4800 and currently it
is heading 1.4670 and then to 1.4600 level.
Currently traders will look to sell around 1.4700 level for a nice
intra-day target.

Recommended Trade:

Entry 1: Sell EURUSD @ 1.4800
Entry 2: Sell EURUSD @ 1.4925
Stop: 1.4975
Profit 1: 1.4700
Profit 2: 1.4600

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