Monday, March 25, 2013

EUR / USD: 25/03/13 19:06HRS

EUR / USD:

This pair has been making lower highs and lower lows. The trend is down, for now.

Chart below:

 


Price has to day made a move down through the averages and I am looking to enter short on a pull back.

Levels and Chart below:

1st Entry 1.2925
2nd Entry: 1.2935

Averaged Entry: 1.2930

Stop Loss: 1.2970

Target: 1.2730 (5%)

 

 
I will update again if and when the trade is triggered.
 
Regards
 
 

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