Trade Idea: EUR/GBP – Stand aside

Despite yesterday’s retreat to 0.8753, as the single currency has risen again after finding renewed buying interest there, dampening our previous bearish view and suggesting the 2nd (c) leg may extend gain to 0.8870/75, however, loss of upward momentum should prevent sharp move beyond 0.8900 and price should falter well
Elliott Wave Daily Trades

This entry was posted on Thursday, March 31st, 2011 at 5:00 pm and is filed under Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Despite yesterday’s retreat to 0.8753, as the single currency has risen again after finding renewed buying interest there, dampening our previous bearish view and suggesting the 2nd (c) leg may extend gain to 0.8870/75, however, loss of upward momentum should prevent sharp move beyond 0.8900 and price should falter well
Elliott Wave Daily Trades

This entry was posted on Thursday, March 31st, 2011 at 5:00 pm and is filed under Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.