Euro did not get to our level and still trading near 1.2700 levels but we remain in the same view to initiate sell at 1.2750 levels for a decline towards 1.2650 levels if this is broken we can see more decline towards 1.2550 levels. We now prefer to sell the currency pair on any move near 1.2750 levels (if seen first) for the above said target to be reached.
Sell @ 1.2750 for 1.2650 min and even 1.2600 with stop above 1.2780.
By N. Rajesh Kumar,
Forex Leads,
Email:
rajesh@forexleads.com ,
# 3 G-1 Ambal Flats,
Sathyavathi Nagar,
Padi Chennai 600050,
Phone: + 91 44 26549159
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