Short Term Trading forex trading links forex trading books market statistics trader values euro and us dollar Shocks Crashing Short Term Trading: --EUR/USD on Thursday, October 20, 2011

Wednesday, 19 October 2011

Short Term Trading: --EUR/USD on Thursday, October 20, 2011


--EUR/USD at 1.3648, stop-loss at 1.3740, target at 1.3638 or MOC. The market is leaning against the 50 days MA. The trend is still bearish. The U.S. dollar might challenge the support line, considering also the divergence between price and the RSI indicator.

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2 comments:

forex affiliate said...

It's a challenging market but the US dollar is recovering. You need to take note on the past performance of a commodity.

ProfitsOn said...

Yes, that is right.

Thank you for contributing.

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