Eurusd update - 28 June 2011 Tuesday

Good day everyone,

Sorry a bit late today. Need to run some errands and wanted to use iphone to update but having some issues in the updating.

Anyway, yesterday eurusd broke my support at 1.4121 but turned up after news of Greek debt plans boosted it.

Today, I expect eurusd to climb higher still within the consolidation range. Therefore, good to pick long around 1.4250 regions with stoploss around 50 pips. Target exit around 1.4400.

2 comments:

  1. thanks for the update! better late then never! what do you think the nonfarm payroll will do on friday

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  2. Welcome! Usually, NFP affects market a lot. So I won't anticipate the direction. If I have no positions, usually I will stay out and wait.
    However, under my website, wwww.forexquicksecret.com. The ebook teaches on how to trade during fundamental news. You can take a look at it and learn the trick of trading news.

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