Friday, January 9, 2009

EURUSD (1.3725)

EURUSD is gradually moving in its upward trend and is giving intra-day traders some good trades with short range profit targets. Currently a good buy is seen around 1.3625 level for target around 1.3825 level. Larger profit target might not come into play during this trade as we might see EURUSDstaying below 1.3900 level.




Recommended Trade Levels

Trade: Buy EURUSD @ 1.3625
Stop: 1.3575
Profit Target 1: 1.3725
Profit Target 2: 1.3825