As expected Euro is so far holding below 1.2050 and we have initiated a sell position at the intended 1.2030. For now we would expect the currency to resume a decline directly towards 1.1950 and lower. So prefer holding our 1.2030 sell position for the above said target to0 be reached. Amend stop to entry on break below 1.2000.
Hold sell @ 1.2030 for 1.1950, with stop above 1.2060
By N. Rajesh Kumar,
Forex Leads,
Email:
rajesh@forexleads.com ,
# 3 G-1 Ambal Flats,
Sathyavathi Nagar,
Padi Chennai 600050,
Phone: + 91 44 26549159
Fx-charts.com Disclaimer: The information contained on this website is subject to change without notice, views and opinions expressed on fx-charts.com may be those of individual authors and may not necessarily be the views of fx-charts.com or its officers and employees, we make no claim to the accuracy or timeliness of any information contained herein. We recommend obtaining advice from a suitably qualified financial advisor before entering into any financial transactions or agreements. The use of this website constitutes acceptance of our privacy policy, disclaimer and terms of use. This website is available for information and educational purposes only.
Need a forex broker? click on any of the buttons for more info!
