Tuesday, January 27, 2009

Euro setting for a short

EurUSD has rebounded from lows and looks like its forming the corrective 4th wave. Graph would tell you more. Take a look -

1.3380 to 1.3450 looks a good level to go short. Hourly candles have formed a gravestone doji. can keep a s/l above it. Daily graph is looking strong though. Short trades should be swift to cut above 1.35.

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