Eurusd update - 23 Nov 2011 Wed

Sorry guys

I keep falling sick lately. Don't really know if it is the weather. Pardon me for this.

Right now, eurusd is consolidating within EMA 200 in the 30mins timeframe.
Anyway, I favour picking short when eurusd retrace to 1.3550. SL around 25 pips. Breaking below 1.3420 will be our confirmation of eurusd going down further.
However, breaking above 1.3570 may be a sign of eurusd turning up, so be cautious of this resistance level.

No comments:

Post a Comment