Monday, March 8, 2010

EURUSD - UPSIDE PREVAILED

The EURUSD has a good appreciation in the late hour of last week, especially after the Non-Farm Payroll release.

My 4hr chart shows up uptrend and moving down to 15min we should find a good support at the range 1.3641 and 1.3621 for a BUY opportunity till we hit the Upper Band of the 4hr Bollinger.

CLose below the 4hr Bollinger Band's lower Band will be a good stoploss.

Enjoy.

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