Tuesday, October 23, 2012

EUR / USD Update: Tuesday 2rd October 2012 14:24hrs

EUR / USD.

The USD dollar has remained strong and push EU lower.

With out a decent pull back the risk reward is not acceptable.

I have revised my order levels as shoen below.

Levels and chart below:

1st Entry: 1.3000
2nd Entry: 1.3020

Averaged Entry: 1.3010

Stop Loss: 1.3060

Target: 1.2760 (5%)



 I will update again later this afternoon evening.

Regards

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