C-GB

C-GB
C-GB Algo Hedge Fund,with the Best Pamm Account Managers,a pure systematic (automated) trading program which is quite different than most as it utilizes sophisticated algorithms , our Fund provides exceptional strength, and stability. Trading Forex, CFD's Gold,Oil,Futures, New Clients Receive Free Start-up Capital -No Catches No Risk- Invest in C-GB Algo Hedge Fund open an Account in Minutes Below.

Tuesday, February 8, 2011

EUR/USD Bearish Outlook ,February 08, 2011 (Daily Strategy) 2011-02-08

EUR/USD

The Euro-United States dollar pair is in a range of 300 - points. between 1.3850 and 1.3550 level. From here on out, the pair is expected to move back towards the upper range of the pattern, which will enable entry into a sell deal on the pair at an attractive price. It is possible to use the 1.3780 resistance level as an entry trigger for a sell deal.

We should take into account the possibility at the Euro – United States Dollar pair might continue its negative momentum rather than climb upwards, thus breaching the 1.3570 support level. A clean breach of this level will form a positive indication of continued movement to the south, towards the major 1.3345 support level – our final exit goal from the sell position on the pair. http://instaforex.com/forex_analysis/22819/?x=OUE

No comments:

Post a Comment