Thursday, July 22, 2010

EUR/USD Signal

After experiencing bearish sentiment due to stress concerns that banks will be held Friday, EUR / USD has rebounded to levels 1.28xx after European PMI data, Germany and the French showed a very positive outcome, if the Euro remains consistent at this level then the bullish trend will continue. But the bank stressed pressure will remain alight until the outcome is clear.

Signals on the New York Season:
TP Buy@1.2845 1@1.2887 TP2@1.2895
TP TP Sell@1.2812 1@1.2772 2@1.2737

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