Eurusd update - 20 Mar 2012 Tues

Good day guys,

Yesterday, I was waiting to pick long around 1.3120. Sad to say eurusd only came down to 1.3140 then shoots up.

Today, eurusd may may turn down for a correction. Topside room is very limited. Right now resistance is around 1.3250 - 1.3300. If eurusd breaks higher, I expect eurusd will reversal around 1.3400 - 1.3450.

I favour picking short around 1.3265 with 50 pips SL. If eurusd breaks higher, I will pick short around 1.3400 regions.
Posted by Aaron Chan at 22:05

2 comments:

  1. kamenriderv325 March 2012 at 23:29

    hi aaron ur still in the trade?

    ReplyDelete
    Replies
    1. Aaron Chan25 March 2012 at 23:49

      Hello kamenriderv3

      sorry for the busy week. I just skip the update on my blog.

      Delete

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