Eurusd update - 8 Feb 2012 Wed

Good morning,

Yesterday, Eurusd triggered my SL. This is based on fundamental news. Right now, eurusd broke the resistance level at 1.3235 and remains above it.

Today, I expect eurusd to retest this level before turning up again. Good to pick long around 1.3210 with 40 pips SL.

My 1st target is at 1.3325. If eurusd breaks above, my next target top is 1.3550 - 1.3600.

- Posted using BlogPress from my iPad

6 comments:

  1. hi aaron its 10 pm now is the trade idea still valid?

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  2. Nope. I will cancel my order before NY sessions start.

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  3. Can i recall what happened on that day ? whats the major cause of braking the resistance ?

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  4. Hello Brian

    Which day are you talking about?

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  5. Hello Aaron,

    as im doing a research on the EURUSD, i just wanna recap what had happened on the day 8th Feb 2012 which makes the EURUSD strikes above ?

    Many thanks,


    Brian

    ReplyDelete