Thursday, June 11, 2009

EURUSD (1.3988)

EURUSD took a nice retracement dip and resumed it upward trend as expected
in weekly analysis. Now EURUSD seems all set to target 1.4250 level at the
moment but traders will be hoping to get EURUSD around 1.3930 level to buy
it for targets above 1.41oo level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3930
Trade 2: Buy EURUSD @ 1.3800
Stop: 1.3750
Profit Target 1: 1.4130
Profit Target 2: 1.4230