Short Term Trading forex trading links forex trading books market statistics trader values euro and us dollar Shocks Crashing Short term trading: --EUR/USD, Jan. 11/12

Tuesday, 10 January 2012

Short term trading: --EUR/USD, Jan. 11/12

--EUR/USD at 1.2742, stop-loss at 1.2790, target at 1.2732 or MOC. The trend is still supporting the U.S. dollar.  The euro is leaning on the long term trendline. There is a divergence between the RSI indicator and the price on the daily chart.

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